The country’s largest organization of key real estate industry players reiterated its support to the passage of the proposed national land use act in Congress to align with economic and physical developments.
The bill, announced as a priority measure in President Rodrigo Duterte’s last State of the Nation address, is the third in the five-point agenda of the Chamber of Real Estate and Builders’ Associations Inc. for housing.
Creba chairman Charlie Gorayeb said the proposed legislation would serve as the centerpiece agenda on the upcoming 27th national convention set on October 17 to 20 2018 at Thunderbird Resort, La Union where at least 500 participants are set to converge and discuss solutions to the country’s housing concerns.
The proposed NLUA bill set four major categories of land uses for planning purposes—protection, production, settlements and infrastructure.
“A national land use plan has long been needed by this country. If done correctly, it shall be a key policy reference for all local comprehensive land use and development plans in all sectors, including commercial, industrial, housing, and real estate,” Gorayeb said.