The Cadiz City government has partnered with the Yanson-owned Dynamic Builders and Construction Co., (Philippines) Inc. to develop the Cadiz City Economic Center over a period of three years.

The parties sealed the partnership with the signing of a Joint Venture Agreement Monday between Mayor Salvador Escalante and Dynamic Builders president Ricardo Yanson Jr.

Under the agreement, the construction company, without cost from the city government, will develop a 36-hectare land in the reclamation site into a commercial and industrial area.

P1 million a year from BREDCO
outrageous, incredible: councilor

The offer of Bacolod Real Estate Development Corp. to increase its annual fee to Bacolod from P800,000 to P1 million was described as outrageous and incredible yesterday by Bacolod Councilor Lyndon Caña, who said it only shows that BREDCO has all along wanted to shortchange the City, and has no respect and appreciation for it, he said.

However, Bacolod Mayor Evelio Leonardia yesterday said the Bacolod and BREDCO panels have not agreed yet on the adjustment in the fees and the deadline for it is on March 4. He said what they are aiming for is an amount that will be reasonable and fair to all parties concerned.

RP business fair
slated in March

The 4th Philippine Business Fair, together with the Philippine Entrepreneur Summit 2006, will be held on March 3 to 5 at the Megatrade Hall of SM Megamall in Mandaluyong City, a press release from the Department of Trade and Industry said.

The fair will showcase more than 100 business opportunities, ideas, concepts, demos and presentations for the budding entrepreneur or the seasoned businessman.

Representatives from both government and private institutions will provide advice and assistance while investment opportunities for P20,000 or less will also be available, the press release said.

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