Santa Cruz, Davao del Sur – The newly approved P100 million public market will soon construct in the municipality of Santa Cruz, expecting to strengthen the town’s opportunities for economic enterprise.
The aforementioned project “will really benefit the people residing in Sta. Cruz as it will boost new opportunities for us in terms of economic enterprises,” said Mayor Joel Ray Lopez who led the groundbreaking ceremony for the public market which was held on Wednesday, May 28th.
Lopez stated that with the population of the town is significantly increasing, there is a need to build up a new public market, quoting “We’ve been longing for this project and finally it will be implemented now.”
The Sta. Cruz’s new public market project is one of the biggest investments of the local government unit (LGU) in terms of infrastructure development, Lopez added.
Ninety percent of its funding were loaned from the Development Bank of the Philippines (DBP).
It will be rise soon in an LGU-owned property in Barangay Zone 3 along the highway, just beside the current Integrated Transport Terminal.
The project construction phase is expected to be concluded within a year and 6 months under the Design and Build scheme, said Engineer Remegio Salanatin, Jr., project contractor from the RG Salanatin Construction, Inc. – who was awarded the project back in 2012.
Mayor Lopez led the inauguration and groundbreaking rites and was joined by Vice-Mayor Alexis Almendras, Sangguniang Bayan members and the contractor on May 28, 2014 at Barangay Zone 3. – Cetureon.com