Ayala business park to push through
SunStar
TWO managers and five engineers from the Ayala Group of Companies visited City Mayor Vicente Y. Emano recently to tell him that they are pushing through with their plan to develop a sprawling P4.5 billion business complex in barangay Indahag.
The engineers and managers are in the city to prepare the ground works for the implementation of the project which will have its groundbreaking in December this year.
Mayor Emano said the firm is given the go-signal to start the construction of the project even though their papers are still being processed, the same treatment he gave to the other big investors in the city.
Earlier, Mayor Emano said that it is a welcome development citing that their huge investments in the city will translate to the employment of thousands of jobless city residents.
Once completed, Mayor Emano described the business complex as a "satellite city" of Cagayan de Oro with the sprouting of modern and high-end sports and recreational facilities.
The business complex is also envisioned to the equipped with other basic amenities such as low-cost to high-end class subdivisions, a shopping mall and other facilities that will cater to the need of a fast-growing metropolis like Cagayan de Oro City.