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Bacolod looks to sustain economic growth with rollout of major projects

Publié par Philippine News Agency · Philippines il y a 12 h
Bacolod looks to sustain economic growth with rollout of major projects
Bacolod looks to sustain economic growth with rollout of major projects · Philippine News Agency

Résumé détaillé

BACOLOD CITY – Deputy Speaker and Bacolod City Lone District Rep. Alfredo Abelardo Benitez on Friday looked at sustaining this highly urbanized city’s econom...

ECONOMIC GROWTH. Deputy Speaker and Bacolod City Lone District Rep. Alfredo Abelardo Benitez discusses how to sustain the city’s economic growth, which hit 6.8 percent in 2025, at a press conference on Friday (Nov. 13, 2026). The city’s gross domestic product grew from PHP157.22 billion in 2024 to PHP167.92 billion in 2025. (PNA photo by Nanette Guadalquiver; graphics from Office of Cong. Albee Benitez)

BACOLOD CITY – Deputy Speaker and Bacolod City Lone District Rep. Alfredo Abelardo Benitez on Friday looked at sustaining this highly urbanized city’s economic growth in the succeeding years, after hitting 6.8 percent in 2025, with the rollout of major infrastructure projects being implemented by the local government.

“We want to make sure that we sustain this. We have to continue in sustaining its growth by all of these that we’re doing. My goal (is) to bring Bacolod to new heights, to bring Bacolod to the vision that we put in place for the city. Once all these will materialize, we will see the benefits,” Benitez said at a press conference.

Data from the Philippine Statistics Authority released last month showed the economy of Bacolod City expanded by 6.8 percent in 2025, although slower than the 7.6 percent growth it posted in 2024.

The city’s gross domestic product grew from PHP157.22 billion in 2024 to PHP167.92 billion in 2025.

Benitez said considering the global oil crisis affecting the country’s economy and the turmoil happening among countries, such environment is not conducive to economic development.

“We need to isolate Bacolod so that we will continue to progress. The challenge for us is how to make us still the top growing city in the Visayas. We’re the third (fastest growing economy) in the whole Philippines,” the lawmaker said.

At the press conference, officials provided an update on the city government’s 10-year Build-Transfer-Maintain (BTM) agreement with High-Data Infra Corp. for the development of the landmark PHP2.1-billion Bacolod Super City Project.

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