PHILIPPINE REAL ESTATE and RELATED NEWS in and around the country . . .

BCDA boosting access to freeport zone

Posted on December 09, 2013 10:01:25 PM [ BusinessWorld Online ]

STATE-RUN Bases Conversion and Development Authority (BCDA) is spending nearly P76 million on three road projects in San Fernando, La Union that will improve access to the 146-hectare Poro Point Freeport Zone (PPFZ) and boost tourism in the area.

The BCDA, in a statement, yesterday said the projects include construction of the road leading to the Poro Point Lighthouse, repair of the road leading to the Poro Point Management Corp. (PPMC) -- a subsidiary of the BCDA, and upgrade of the road leading to San Fernando Airport.

Ives Q. Nisce, PPMC Board chairman, said in the statement that the road projects are expected to increase tourism and economic activities in the area.

“The roads going to the PPFZ become flooded during the rainy season. Through the projects, this perennial problem will be finally solved,” Mr. Nisce added.

BCDA President and Chief Executive Officer Arnel Paciano D. Casanova was also quoted in the statement as saying that “this initiative is in line with the BCDA’s mandate to be a catalyst for national growth and development. The PPFZ is a key economic driver in the region, and these road projects will make it more accessible to tourists and locators.”

The projects, whose funds were disbursed last July, are scheduled to be finished by February next year in time for Sillag Festival -- the province’s Festival of Lights held in March. -- DEDS    

real estate central philippines
Copyright ©2008-2018