BALANGA CITY, Bataan—A provincial board member is optimistic that prominent Metro Manila and Central Luzon land developers and commercial leasing firms will take part in profitable housing ventures in the historic Bataan peninsula.
Board Member Rolly Tigas, chairman of Housing and Land Utilization Committee, has observed that the great potential in housing demand has motivated several land developers to establish their footprints in the local market, both in commercial and residential leasing particularly on leisure and lifestyle oriented projects.
The board member is a two-termer municipal mayor of Samal in the province’s first district and was a respected building contractor in Central Luzon before entering politics.
Tigas said several big corporations engaged in power generation, high-end fashion style shoes, handbags and other accessories, motor spare parts, food, textile and other export manufacturing firms, are investing in the province’s economic and tourism enterprise zones.
He explained the imminent operations of labor-intensive multinational manufacturing firms would contribute a large volume of socio-economic benefits to the residents and migrant workers from other provinces.
However, this development would also create a shortage of housing particularly in the two Southern Bataan towns of Mariveles and Limay, he added.
Tigas said Bataan’s increasing urbanization is the key factor for the province to broaden growth and further improve its housing facilities and basic services to accommodate thousands of industrial workers due to the rapid industrialization of ecozones here.