Thursday, December 02, 2021

LGU asks businesses to invest, help post-Yolanda recovery

BOGO Mayor Celestino Martinez Jr. urged businessmen to invest in his city and help it recover from typhoon Yolanda.

Martinez made the appeal to SM Prime Holdings Inc. president Hans Sy and Roberto Aboitiz during last Sunday’s turnover of 200 houses, which the private sector built for Yolanda survivors in Bogo.

Sy led the turnover of the houses whose construction was funded by the SM group.

“Our city is waiting for more stimulus…for the revitalization of the local economy here in the north,” Martinez said. “You have already touched our lives through this endeavor (building of houses for survivors) and we invite you to go further,” he added.

Sy told Sun.Star Cebu that SM will build a mall or business center in Bogo City but not soon as the company has to finish other projects, like the Seaside City in the South Road Properties in Cebu City.

Sy welcomed the investments of Robinson’s, led by the Gokongwei family, in Bogo.

Martinez said Bogo has an existing economic zone, the 40-hectare estate of the late chief justice Marcelo Fernan.
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