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HomeUncategorizedIligan City Mayor Siao secures 7.9 billion investment commitments from various investors

Iligan City Mayor Siao secures 7.9 billion investment commitments from various investors

BY ASANGAN T. MADALE

ILIGAN CITY MAYOR FREDERICK W. SIAO secure successfully  7.9 billion worth of investment  commitments from different investors during the City Investment Roadshow 2024 on Friday ,

July 19,2024 ,offering job opportunities,infrastructure  projects , and economic  development for Iliganons,  Daryl L. Mendoza  saidAccording to Siao interested  investors offered the Iligan City Local Government  a specific  amount of P 3.7 billion for real estate, P123 million for economic enterprise. P.3.81 billion foragriculture, P 187 million for renewable  and green energy, and P 49 million for  tourism.
 Ang tagumpay na ito ay napapatunay sa ating kapangyarihan bilang isang lungsod na nagsusmikap  ( We have proven that our success  is supported with extraordinary ability striving  whichresulted to a good plan  supported by our Local Government Units enhancing a good  trade investment with the active  participation of the members  of the community. para sa isang magandang plano, at ang suporta  ng ating lokal na pamahalaan, mga mmumuhunan at mga myembro ng komunidad”, Siao said.

 “Patuloy tayong magtulungan para sa mas maliwanag at maunlad na kinabukasan ng Iligan City. Maraming Salamat, at Asenso Iliganon,” he added. (Let us continue  help each other  for thebright  good future  and progressive  of Iligan City”, he added.

 The recently concluded Iligan City Investment Roadshow 2024 reassured the socio-economic development of the city’s future progression as investment commitments were secured. The initiative is anchored with the current administration’s Iligan Development Goals (IDGs), specifically IDGs #8 (Business and Economy), #7 (Tourism), #4 (Livelihood Programs for Poverty Alleviation), and #2 (Agriculture). Mayor Frederick Siao will address Iligan City along with this significant achievement for his State of the Iligan City Address (SOICA) this coming August 3, 2024.

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