LAPU-LAPU City Mayor Paz Radaza, who delivered her 45-minute State of the City Address (Soca) last week, said that economic activities in her city has increased, with over 11,000 businesses operating this year, a rise of about 60 percent from last year.
There have been big investments poured into the city, including the P30 billion project of major property developer Megaworld Corp. (the 16-hectare Mactan Newtown township project), compared to last year’s data.
The inflow of investments, according to the mayor, is not just by big investors but also by small and medium enterprises. This, he said, is akin to a stamp of approval by investors “on how the city is run.”
Radaza pointed out that a beach resort firm, in fact, has revealed its plan of a P50-million facelift of its property. Also, a local mall chain that opened only last year has provided employment to residents. This as another mall chain has started operating in another barangay of the city.
Finally, the mayor said that on top of all these is the giant developer (that) has poured in P30 billion worth of investments in Lapu-Lapu, up from the original P20 billion it put in at the start of its project.
The mayor rounded up her annual report on governance and business in Lapu-Lapu City by saying that the renovation of the Mactan-Cebu International Airport also means that P17.5 billion would be poured into the project, which would further boost the city’s 2014 investment figures.
On the other hand, Mandaue City Mayor Jonas Cortes said his city has logged 1,740 new businesses and over P4.2 billion worth of direct capital investment was “infused into the local economy.”
The city, in fact, is now working towards becoming an “island of good governance in order to be among the top performing cities” in time for the Association of Southeast Asian Nations (Asean) community integration. This forms part of his vision.
According to him, his vision has led his city to engage in the Performance Governance System to pursue a clear direction of becoming the primary source of Philippine-made high quality products.
The other aspect of the over-all problem of Mandaue City, he said, is the matter, too, of roads and drainage, something that his city shares with its neighbor, Lapu-Lapu City. The issue of roads and drainage is pernicious, he noted.
The point here is that the efforts to bring into focus the varied ways and means to introduce development and growth to the neighboring cities of Mandaue and Lapu-Lapu clearly showed that it is not merely political aggrandizement that motivates our elective leaders to serve their constituents effectively.
What also motivates them is the desire and determination to serve and improve the lives of the people that they are leading.