About 78 new stalls which were added to the Tagbilaran City Fishport recently.
According to the City Market Administrator Jun Besa, the stalls will be reinforcement to the target of the Economic Enterprise Unit to generate income for Tagbilaran. Last October 2017, the City Economic Enterprises (CEE) led by Bebiano Inting proudly reported that the CEE achieved a positive mark when it earned a net income worth P33, 236,577.36. It is interesting to note that all the units under the CEE posted earnings this year.
The integrated Bus Terminal (IBT) under Inday Inting earned P8,437,706.27, the City Waterworks under Engr. Peter Busano earned P3,235,604.27, the City Markets under Jun Besa earned P3,602,829.25 and the Slaughterhouse under the City Veterinary and Agriculture Office under Dra. Victoria Limbaga earned P960, 787.82.
City Mayor John Geesnell Yap congratulated the unit for this breakthrough.
“The efforts that we’ve put into streamlining the operations in the Economic Enterprises are now bearing fruit. With all the meaningful initiatives lined up for the unit, I am optimistic that the income of the CEE will achieve exponential growth in the years to come,” stressed Mayor Yap.
The city government is aggressive in developing a sustainable Local Economic Development (LED) strategy. The classical perspective adopted by the CEE which showcases traditional enterprises such as the public markets, slaughterhouse and bus terminal will soon be infused with business-like systems. Dr. Aser Javier, LED champion and a Local Governance expert, in a meeting with Mayor Yap emphasized that the key in developing an effective LED strategy is to aim changes in the organizational structure, culture and administrative process. “The LGU should institute mechanisms which will empower the workforce, communities and businesses which would enable enterprises to flourish,” Javier noted.
Tagbilaran City has already started its groundwork. Starting with the reactivation of the City Investment Council (CIC) and the designation of a Local Economic and Investment Promotions Officer (LEIPO), the road towards achieving an effective LED strategy will soon be put into place. Further, the technical expertise provided by the USAID-SURGE was crucial in the amendment of the Investment and Incentives Code and the crafting of the Economic Development Plan of Tagbilaran City. Indeed, the path towards a vibrant local economy entails a lot of hardwork, but as Mayor Yap puts it, “The City Government may not be perfect, but together, we can do things perfectly.”