Martinez invites investors to Bogo-A A +A
Thursday, January 2, 2014
BOGO City Mayor Celestino E. Martinez Jr. is inviting investors to his city, telling them not to be discouraged by the devastation wrought by typhoon Yolanda last November.
Martinez said in a recent interview that the city is already in the rehabilitation phase and they are starting to restore houses and businesses.
Bogo City is the center of trading in northern Cebu, the mayor said.
Bogo is a major trading port with three wharves; the Polambato wharf for ships and vessels, Poblacion for pumpboats and fishing vessels, and Nailon for motorized pumpboats and bancas.
The mayor said the city is also thriving in its sugar industry and agri-business.
In the city’s website, it featured Bogo’s San Antonio Livestock Market as one of the biggest livestock markets in the whole province. Thousands of cattle and other livestock are traded in the area every month, with many of them coming from different towns in Cebu.
With the opening of the Polambato Roll-on, Roll-off facility, the livestock market got access to cattle from Masbate, with many eventually finding their way to Manila via Leyte. Some hogs from Masbate also pass through Bogo.
The city also expressed its interest on aquaculture investments. The move is in line with the national government’s thrust to intensify the development of aquatic and near-shore resources, with the promotion of the “mariculture” concept or fish culture as a rural development strategy.
“With entrepreneurial initiatives in this direction, Bogo has the tremendous potential of contributing to the country’s aquaculture and mariculture production which, in 2010, had a combined value of P83 billion,” Bogo City’s official website said.
Meanwhile, Department of Trade and Industry Cebu business development division chief Elias Guia Tecson said in an interview last year that aside from coastal and agricultural industries, the local government unit of Bogo also wants to pursue bigger investments such as in the BPO sector.
Tecson said almost 1,400 people from Bogo City are employed in BPO companies in Cebu City. He said that as soon as one BPO company will branch out to Bogo, the number of BPO workers in the city will increase.
Published in the Sun.Star Cebu newspaper on January 03, 2014.