Author Topic: Economic Zone in Koronadal City  (Read 2819 times)

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Economic Zone in Koronadal City
« on: February 25, 2019, 02:16:58 PM »
KORONADAL CITY, Aug. 7 -- The city government  is pushing for the establishment of a new office that will manage the operations and development of its thriving economic enterprises.

City Mayor Peter Miguel said Monday the local government is currently drawing up mechanisms and necessary policies for the operationalization of the City Economic Enterprise and Development Office (CEEDO).

He said they are targeting to set up the new office before the projected completion in October of the city’s PHP150 million integrated public transport terminal project.

Aside from the terminal, he said it would manage the operations of the city public market, slaughter and public cemetery.

Miguel said the creation of the CEEDO is part of the local government’s efforts to improve its revenue generation initiatives.

The city government earlier launched a comprehensive study improve the operations and further develop its economic enterprises.

In line with the initiative, local government personnel conducted benchmarking activities earlier this month in the cities of Tagum in Davao del Norte and Digos in Davao del Sur.

They specifically looked into the policies and strategies implemented by the two local government units in line with the operations of their economic enterprises.

Miguel assured that he will appoint competent and experienced officials and personnel for the new office.

“We working on setting this in place soon as the new head and personnel will later lead the crafting of ordinances for the operations of our economic enterprises,” he said.

The construction of the city terminal project is currently ongoing in a 5.9-hectare site earlier acquired by the city government in Purok Yellow Bell, Barangay Sta. Cruz, is now about 70 percent complete.

The local government is also working on the development of a new public cemetery at the boundary of Barangays Mabini and Esperanza covering around four hectares.

It had laid out plans to establish a city hospital and a convention center that would require investments of around P400 million.(PNA)

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