The Negros First CyberCentre in Bacolod City was built by the Negros Occidental provincial government under then Gov. Alfredo Marañon Jr. to jumpstart the IT BPO industry and create jobs for Negrenses, Cadiz Mayor Salvador Escalante said Saturday.
Escalante, who during the previous administration chaired the Sangguniang Panlalawigan Committee on Finance, said the NFCC was not expected to earn large amounts immediately that would pay the amortizations on the loan for its construction.
Under the joint venture agreement with the private group running the operations of the NFCC the provincial government is to be paid a guaranteed amount annually that will go up every year that, in time, will pay for the loan, he said.
However, what is important is that the NFCC has created jobs, he added.
Escalante gave the explanation amid questions raised by Gov. Eugenio Jose Lacson on the amount being paid by the private group running the NFCC to the provincial government, which he said is not enough to pay for the amortization on the loan for the construction of the facility.
The group managing the NFCC is headed by former Secretary of Budget and Management Salvador Enriquez, Escalante said.
Escalante said he has explained to Negros Occidental Provincial Administrator Rayfrando Diaz the original intent of NFCC.
He also informed Diaz that the group operating the NFCC had proposed to develop the remaining 40 percent of the property that it is located on that would bring added income to the provincial government.
The group with partner investors are eyeing the building of high-rise buildings, a nine-storey hotel and a mall there, Escalante said, adding that it is up to the current officials of the provincial government to discuss the matter with them.*
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