Davao's econ enterprises post double-digit growth this year

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Tuesday, July 15, 2014


TOTAL revenue collection of all units of the Davao City Economic Enterprise (CEE) has posted remarkable increase during the first five months of 2014, data showed.

Based on the figures released by CEE, revenue collection from January to May of this year reached P61.24 million, representing an increase of 16.3 percent as compared to the same period last year with total collection of P52.63 million.

The bulk of the collection came from public markets with a total of P40.42 million. The Davao City Overland Transport Terminal (DCOTT) recorded the second highest collection at P9.68 million. Rounding up the top three are the city's slaughter houses with a total collection of P5.7 million.

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The collection of the other units are: Sta. Ana Port with P2.41 million, public cemeteries are P1.8 million, Davao City Recreation Center (DCRC) with P700,110, and Magsaysay Park with P495,953.28.

Meanwhile, some units of the CEE have also posted an increase in their collections. The public cemeteries had a significant increase in its collection from P194,000 in 2013 to a whooping P1.8 million this year.

Other units that registered an increase in collection include: public markets from P34.64 million in 2013 to P40.42 million; DCOTT from P8.45 million to P9.68 million; and slaughter houses from P5.39 million to P5.7 million.

But there are also CEE units that posted a decrease in their collections: Sta. Ana Port from P2.61 million in 2013 to P2.43 million this year; DCRC from P770,130 to P700,110; and Magsaysay Park from P568,032.8 to P495,953.28.

CEE's collection for all units last year was pegged at P127.53 million, only less than half a million short of their P128 million target. The top three biggest contributors in last year's collection were the public markets with P81.96 million, DCOTT with P21.51 million, and slaughter houses with P13.42 million.

Published in the Sun.Star Davao newspaper on July 16, 2014.

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