INVESTORS are eyeing sites for possible power plant projects in Talisay City, Negros Occidental, Mayor Eric Saratan said.
Saratan said a German investor is proposing to develop a hydro power plant in the upper portion of Campuestohan, as well as investors for a coal-fired power and incendiary power plants.
All these proposals are being studied by the City Government, Saratan said.
"I believe that if there is no power stability it will adversely affect the development of the city," he said.
We have a "Talisay First" ordinance requiring business establishments to hire 60 percent of their workforce from Talisay City residents.
Saratan pointed out the opening of more businesses, especially at the Ayala property, on the border with Bacolod City has boosted local employment so our youth and professionals will not anymore seek employment in Cebu or Metro Manila,.
Meanwhile, the mayor said that Ayala has plans for more expansion in its property including a hospital as well as cinema.
"They are even planning to cross the national highway for their expansion plans which augurs well for the economy of the city as well as the province," he said.
This will also mean more challenges for us, he said pointing to peace and order and traffic.
Ayala said their development in their 230-hectare Talisay property is "the biggest Ayala township development in the country, bigger than in Taguig City and in Sta. Rosa, Laguna."