Hypermarket opening to boost Calbayog’s economy

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Wednesday, April 17, 2013


CALBAYOG CITY -- The establishment of a hypermarket in this city owned by the Gaisano Group of Companies would not only help generate employment but is expected to help boost its economy, a company’s officer said.

Eduardo Ponce, president and chief operating officer of the Metro Gaisano, made the statement Wednesday during the groundbreaking of the company’s retail store in this city.

“Hopefully, we become part of the development of Calbayog and bring in more investments in the city. So we are very bullish about it,” Ponce said in an interview.

The Metro Gaisano is located along East Awang, a commercial area of the city, and sitting at 11,380 square meters store space with 1,000 square meters parking space and 9,720 square meters lot area.

Present during the groundbreaking were the company’s vice president for store operations Ernest Potgiester and Marco Gaisano Ang de Leon, project management officer.

The establishment of the Metro Gaisano in this city is the second venture of the Vicsal Development Corp. (VICSAL) in the region, with its first retail store located in Tacloban City, the regional capital.

The company operates the MS retail store located at Marasbaras district in Tacloban. The company is set to conduct a repair of the building to set its standard anytime next year.

The VICSAL entered into a lease area agreement with the management of the Christ the King College, which owns the bigger space where the retail store occupies.

About 1,700 square meters, meanwhile, is owned by the City Government wherein the company would pay P140,000 a month of lease.

It was learned from Ponce that its branch in Calbayog is set to open tentatively by November of this year, catering to the needs of the city’s residents and its nearby areas.

Initially, the retail store would hire more than 370 personnel, all from the city and is expected to generate income for the city, Ponce said.

He said it is part of their commitment to hire local people and “develop their well-being and create jobs.”

Ponce said their entry in Samar province through its retail store in Calbayog was an indication that they believe on the “strong prospect” of the city.

City officials welcomed Ponce’s pronouncement.

Councilor Danilo Bernate, who represented Mayor Ronald Aquino during the groundbreaking ceremony, said the coming in of Metro Gaisano was an indication that Calbayog has “arrived” and that it is now within the radar of investors.

“Of course, we are happy with their coming in here in Calbayog as this is now the fruit of our efforts to bring in more investors in the city. Mayor Aquino has been steadfast in ensuring peace and order in the city as a way to invite investors here in Calbayog,” Bernate said. (Leyte Samar Daily Express)

Local news

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