Koreans to P10-B in investments in Bulacan

PANDI, Bulacan—The engines of growth continues to roar and attract investors in this province.

This came after Mayor Enrico Roque of this town and current president of the League of Municipalities-Bulacan Chapter, managed to secure a P10-billion worth of investments from Korean businessmen who expressed trust and confidence to the leadership of the young local executive and to the booming progress now being experienced in Bulacan.

Roque said that the Korean investors will soon open business not only in this booming town but in other towns of Bulacan as well.

“Nakita ng mga Korean investors ang strategic location ng Bulacan para sa mga industriya at negosyong kanilang itatayo sa ating lalawigan,” Roque said adding that aside from its proximity to Manila, Bulacan is “sandwiched” by two international airports, the Ninoy Aquino International Airport in Manila and the Clark International Airport in Angeles City, Pampanga.

Roque said that the Korean investors are planning to build commercial establishments in some towns that has no malls.

In the said P10-billion investment, its include an Outlet Store wherein 400 imported brands from different countries such as Prada, Coach, Ferragamo, Tods  to be constructed in a 15 hectares land area in Bulacan and first outlet store in the Philippines.

He also said that local investors like Savemore, Puregold, Mercury Drugs, leading fastfood chains like Jollibee, Mc Donalds and other companies are now also on the process of establishing branches in some Bulacan towns.

“Nagiging magnet na ng investments at dumadagsa na sa Bulacan ang mga foreign at local investors dahil sa patuloy na pagyabong nito na bunga ng magandang pamamahala ng ating mga provincial leaders sa pangunguna ni Gov. Willy Alvarado at nang mga masisipag na alkalde ng Bulacan,” Roque said.

Roque who has transformed Pandi from a farming town  into an eco-tourism hub, said that more investors are expected to come especially now that the Philippine Arena, touted as the biggest indoor arena in the world has been opened recently.

“The door for the bright future of our province has been opened. With world class facilities and easy road network access, the investment climate in Bulacan is definitely on the rise. Many towns will experience a surge in economic boom because of the influx of local and foreign investors like our Korean friends,” Roque said.

It is no wonder why Mayor Roque can attract this kind of investors because the young local executive is a multi-awarded business manager who was among the top outstanding young businessman in the country and even in Asia.