Article: Philippines : 13-billion-euro fund eyed for dev t of Zambo town.

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 drained as salary for workers ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!