More shopping malls to rise in Davao City
The investments again prove that the city deserves its being the country’s most competitive highly urbanized city based on a survey conducted by the Asian Institute of Management under its Philippine Cities Competitiveness Ranking Project for 2007, local officials said.
Occupying second to fifth places in the survey are
Among the latest investments is the P3.5-billion mega-mall and business park that Ayala Land Inc. is putting up with Anflocor Investment and Development Corp. on a nine-hectare property of the Floirendos along
The city council is expected to soon approve the application of
While SM already has a mall in the southern part of the city, in Ecoland, along
A scion of the Dacudao family that owns the Lanang Golf and Country Club told The STAR that negotiations are on the final stages, although the two parties have yet to agree on the final amount.
Work is also underway for Robinsons Land Corp.’s P400-million mall also along
Mayor Rodrigo Duterte though said that investments should be tempered with proper city planning.
Duterte said the city government has to do its share to maintain the viability of the city as an investment haven.
The AIM survey took into consideration the dynamism of the local economy, cost of doing business, infrastructure, human resources and training, responsiveness of the local government to business needs, and quality of life.
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