Panabo gets nearly P700 million investment in 2018
By SILVER C. BALANZA, Reporter
Governor Anthony del Rosario vowed to hasten the full industrialization of Panabo City as Capitol’s investment generation efforts earned for the Davao del Norte city a total investment of nearly P700 million last year.
The huge investment volume in Panabo City alone is a slap to the face of critics of the del Rosario administration claiming that investors are shying away from Davao del Norte for lack of a comprehensive zoning plan.
Panabo City will be our second industrialized city after Tagum City, said del Rosario in a radio interview Monday, March 11 in the “IKAW NA BA?” segment of the Banat radio program of brodcaster Jun Bersamin of ABS/CBN’s DXAB radio.
Tagum, the capital city of the province, is emerging as one of Southern Mindanao’s fastest growing cities. Davao del Norte’s third city, the tourist island, Island Garden City of Samal (Igacos), is being promoted by the Department of Tourism (DoT) as one of the country’s major tourist destinations.
“IKAW NA BA?” interviews candidates in the Davao Region running in the coming May 13 mid-term election.
Del Rosario is running for First District Congressman under the banner of the Hugpong Ng Pagbabago (HNP), the Davao regional political party of presidential daughter Davao City Mayor Sara Duterte-Zimmerman.
The incumbent governor is challenging the reelection of Rep. Pantaleon Alvarez of the Alvarez Wing, a local faction of the ruling Partido Demokratiko Pilipino/Lakas ng Bayan (PDP/Laban).
Alvarez is facing a steep hill in his bid to return to Congress, with Mayor Duterte-Carpio vowing to campaign against the reelection of the former Speaker of the House of Representatives.
Alvarez faces the coming election still limping from the painful wounds of his ouster in a July 23 coup in the House that led to him being replaced by former President now Pampanga Rep. Gloria Macapagal-Arroyo.
Even as Alvarez is a party mate being the ruling party’s secretary general, President Rodrigo Duterte, who chairs PDP/Laban, has already expressed support for del Rosario and the rest of the HNP bets. President Duterte is confident that Davao del Norte is on its way up with del Rosario playing key role in its march forward.
Davao del Norte, under the command of Governor Antonio Rafael del Rosario, will continue to become one of the fastest-growing provinces in Mindanao, said the President.
“With its vast resources and strong, resilient, and vibrant people, the province will be able to achieve greater development at par with the rest of the nation,” the President said in his speech during the 50th founding anniversary celebration of Davao del Norte.