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Friday, March 29, 2024
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HomeLocal NewsAlbee on the hunt for investments, bares 15k jobs in city through...

Albee on the hunt for investments, bares 15k jobs in city through mass housing projects

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BACOLOD CITY, Negros Occidental, Philippines – Businessman Alfredo Abelardo “Albee” Benitez is optimistic with the start of a new year that there will be more jobs and investments for this highly-urbanized provincial capital of more than 600,000 people.

Benitez, who had just arrived from the People’s Republic of China where he joined the State visit of Philippine President Ferdinand Marcos Jr, held his first presser for the year yesterday and sounded upbeat about the economic prospects for the city that had been affected by the COVID pandemic.

Mayor Albee Benitez on a press conference with members of the media. | DNX file photo.
Mayor Albee Benitez on a press conference with members of the media. | DNX file photo.

The chief executive, who also met over the weekend with other local officials to plan for 2023, said he expects at least 15,000 local jobs as soon as construction starts for the city’s mass housing project.

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The Philippine Statistics Authority had reported last year that the unemployment rate here was recorded at 5.4 percent based on its 2020 Labor Force Statistics.

Benitez said the construction of 10,000 mass housing units by WRS Holdings, Inc through a public-private partnership is expected to bring about 15,000 jobs.

The businessman-mayor also said he met officials of big Chinese firms who might be interested to invest here.

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Benitez added officials of China Railway Construction Corporation that have expressed interest early into his term to invest here.

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Julius D. Mariveles
Julius D. Mariveles
An amateur cook who has a mean version of humba, the author has recently tried to make mole negra, the Mexican sauce he learned by watching shows of master chef Rick Bayless. A journalist since 19, he has worked in the newsrooms of radio, local papers, and Manila-based news organizations. A stroke survivor, he now serves as executive editor of DNX.
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