Big projects set in Baguio; investors to pour in money

>> Monday, October 23, 2023

By Gaby B. Keith

BAGUIO CITY – Big projects in this summer capital are in the works.
    This, since many reputable corporations have been investing and many more would like to invest in the city’s various development projects because of good governance, according to Mayor Benjamin Magalong in a media interview, Oct. 2 at City Hall.
    “Marami ang nag-iinvest dito dahil alam nila na walang nangyayaring corruption. Iyan ang importante, dapat walang corruption. Kaya hindi mahirap mag-imbita (ng investors),” Magalong claimed.
    Ever since the Mayor took office, good governance has been one of his administration’s main thrust which calls for, among others, accountability, transparency, honesty, no corruption, effectiveness, and efficiency in serving the public.
    In line with this, the Mayor issued a memorandum directing local department heads and office representatives to attend the City’s Investment Summit on October 4 and 5 at the Baguio Convention and Cultural Center with the theme, “Public Private Partnership (PPP): Promoting Private Sector Engagement for Sustainable Development in Baguio City”.
It revealed that the city’s private sector proponents will present their proposals and the public is encouraged to actively participate in the activity to gain better understanding of the city’s proposed PPP developments.
Projects to be presented during the event include the Market Redevelopment Project; Intermodal Transport Terminal; Electric Monorail and Bus Transport System; Smart Urban Mobility Project; Asin Hydropower Plants Development and Improvement Project.



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