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CITY OF MALOLOS, Bulacan — The provincial government here has earmarked P14.31 billion for the construction of new infrastructures via the Public-Private Partnerships, according to Provincial Planning and Development Office Division head Randy Po.
Po — during the Invest Bulacan Summit 2022 organized by the Bulacan Chamber of Commerce and Industry — stressed that the new proposed projects will cost P14.31 billion allocated by the Provincial Government to fund qualified private sectors.
Included in the projects are the Bulacan Cyber Park and Business District in Barangay Bulihan here, with a cost of P4.5 billion.
The projects aim to provide private sectors to invest in Business Processing Outsourcing, banking, retail and night market. Robinsons Land Corporation aims to construct buildings and spaces for rent for the said business sector.
Both the Bulacan Cyber Park and the Business District has already laid their foundation since 2019, but was halted due to the pandemic.
In Guiguinto, some 7.9-hectare of land owned by the provincial government once used by the Hiyas Agro-Commodity Center and the Provincial Engineering Office are also under development.
Qualified concessionaires need to invest an initial fund of P4.8 billion for the construction of mixed-use facilities.
The land is located between Manila North Road and the Guiguinto station of the North-South Commuter Railway Phase 1 in Barangay Tabang.
Near the North Luzon Expressway in Pandi, Balagtas and Bocaue, the Provincial Government plans to build the Bulacan Mega City. The project has an allocated budget of P5.02 billion for the land development.
A sisterhood agreement was already signed by Bulacan and the Hunan Province of the People's Republic of China.
Po said that the number of employment opportunities will reach almost a million for the construction of the said projects which have a 2025 target construction and will be completed by 2028.