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Bacolod City, Philippines Monday, April 8, 2013
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NegOcc economic
enterprise units earn P639M

Revenues of P639 million were registered by the Economic Enterprise Development Department of the Negros Occidental provincial government as its earnings in the past 30 months, a press release from the Capitol said.

In his 2010-2012 Report on Economic Development under the Negros First Agenda, EEDD head Japhet Masculino said they have posted P498 million in income, on top of the P141 million in non-cash revenue.

The flagship tourist destination of the province, Mambukal Resort, registered an income of P113.2 million, and was visited by about a million foreign and local tourists for the period, the press release said.

Governor Alfredo Marañon Jr., meanwhile, said, “There is no point pushing for the privatization of Mambukal. The resort is self-sufficient. Its operations are funded by its revenues, and we believe it’s prudent to invest in it especially in introducing new facilities, or upgrading existing ones because the market calls for it.”

Other units under the EEDD are the Provincial Tourism Center, Panaad Park and Stadium, the Teresita Jalandoni Provincial Hospital in Silay and other district hospitals, Technology and Livelihood Development Center, Negros Occidental Language Institute and Training Center and the FTMON.

Manila and Negros-based leaders also commended the emergence of the livestock and information and communications technology sectors as promising industries that can catapult the local economy to greater heights, the press release said.

President Frank Carbon of the Metro Bacolod Chamber of Commerce and Industry lauded the agriculture program of Marañon for the continued increase in rice production, giving farmers with higher purchasing power than in previous years.

Provincial Agriculturist Igmedio Tabianan said that never before in the rice production history that Negros Occidental, primarily a sugar-based economy, barged into the top 10 producing provinces of the Department of Agriculture.

The province booked a production of 436,308 metric tons in 2010 to place 10th; 471,599 MTs to place 9th in 2011; and 581,974.50 MTs in 2012, with the ranking still to be released by the DA, Tabianan said in the press release.*

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