A P1 BILLION mixed-use real estate development project from one of the largest developers in the country will rise along Roxas Avenue in Barangay Triangulo, city of Naga.
Mayor Nelson Legacion said in an interview on Wednesday that the Filinvest Land Inc. project goes hand in hand with the city government’s plan to provide more modern and environmentally friendly accommodations to locals and those who visit. frequently or wish to reside in the city.
“The project should also offer job opportunities to the Nagueños as well as further strengthen the socio-economy of the city,” he said.
Legacion said the scale model of the project showed four eight-story buildings to be built on a 1.9-hectare lot as a smart-value residential condominium.
Tristan Las Marias, president and chief strategy officer of Filinvest Land, in a post on the Teodoro Realty website, said: “Naga is one of the fastest growing cities in the country and is undoubtedly the center of commerce and culture of Bicol. Our investment in Naga not only exemplifies our relentless commitment to building the Filipino dream throughout the archipelago, but also consolidates what we hope will be a close partnership with Naga from now on. “
City Councilor Jose Perez, chairman of the Sangguniang Panlungsod Investment, Trade, Industry and Economic Enterprise Committee, said in a statement that the city’s good conditions of peace and order have facilitated the growth of investments that allow it to generate more job opportunities and attract more tourists.
It also recognized the presence of several educational institutions that can respond immediately to the needs of various businesses and human resource initiatives.
