Article: 13-billion-euro fund eyed for dev't of Zambo town.(Regional)

ZAMBOANGA CITY – The local government of President Manuel A. Roxas in Zamboanga del Norte is planning to convert the entire town into a Mega-Agro Industrial Park using a 13-billion-euro fund to make the municipality economically stable, Mayor Carlito A. Feras said Friday.“Converting my whole town into a Mega-Agro Industrial Park is indeed a very ambitious project. But I am certain that like the concept of Ayala Commercial Center and Ortigas Center, among others, I know with God’s help, we will succeed in the town’s business endeavor,” Feras said.The mayor explained that local government units (LGUs), mostly small ones, are really financially ...

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