STA. CRUZ, Davao del Sur, May 29 (PIA) – A new public market worth P100 million will soon rise in this town, expecting to boost new opportunities for economic enterprise. “
This project will really benefit the people of Sta. Cruz as it will boost new opportunities for us in terms of economic enterprises,” said Mayor Joel Ray Lopez who led the groundbreaking ceremony for the public market held on Wednesday.
Lopez said that with the population of the town increasing, there is a need to put up a new public market, adding “We’ve been longing for this project and finally it will be implemented now.”
The project is one of the biggest investments of the local government in terms of infrastructure development, he said.
Ninety percent of its funding is being loaned from the Development Bank of the Philippines.
It will be situated in an LGU-owned property in Barangay Zone 3 along the highway, just beside the present Integrated Transport Terminal.
The project construction phase is expected to be completed within 18 months under the Design and Build scheme, said Engr. Remegio Salanatin, Jr., project contractor from the RG Salanatin Construction, Inc.
Mayor Lopez was joined by Vice-Mayor Alexis Almendras, SangguniangBayan members and the contractor during the groundbreaking rites on May 28, 2014 at Barangay Zone 3. (CDIO-Sta. Cruz/Julius R. Paner)
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