Carmona Elevated to Cityhood, Lays Plans for Greater Economic Growth
Carmona, a vibrant
municipality in the province of Cavite, commemorates a significant milestone as
it achieves cityhood status, marking a turning point in its development journey
as it positions itself to attract businesses and foreign direct investments
(FDIs) on an expanded scale.
Carmona City Mayor
Dr. Dahlia Loyola stated that the cityhood brings advantages to Carmona’s
economic growth and development. In addition to increased resources and
enhanced autonomy in decision-making, Carmona aims to gain a competitive edge
by offering lower business taxes than neighboring cities. These strategies
provide a solid foundation for Carmona’s advancement and prosperity,
particularly in attracting more investors and making the city a compelling
choice for businesses looking to thrive in a dynamic and business-friendly
environment.
“We are proud to
commemorate this milestone with our residents and stakeholders. This
celebration not only signifies our progress but also highlights the unity and
vibrancy of our community. We look forward to a future filled with even more
opportunities and achievements.” said Mayor Dr. Loyola.
As part of the
cityhood celebration, Carmona organized a four-day celebration marked by
various activities that commenced with the opening of the CARMONEGOSYO Food
Trade Fair, a showcase of local culinary delights that not only celebrated
Carmona’s rich food culture but also highlighted the potential for economic
growth and local business development.
The festivities
also included a grand two-day cityhood celebration marked by Pasasalamat Community Concert,
thanksgiving mass, and a free concert culminating with the Comelec Declaration
after the plebiscite, the democratic process that reflected the citizens’
participation in shaping the new city’s future.
Rock band Mayonnaise delivering an electrifying performance during the free concert, captivating the audience with their energetic music, as part of the cityhood celebration in Carmona. |
Building upon its
existing strengths as a home for numerous industrial facilities, Carmona has
devised ambitious plans to further propel its growth. According to Congressman
Roy Loyola of the 5th District of Cavite, the city will prioritize building a
modern city, increasing job opportunities, and cultivating a flourishing
business environment, making it a prime location for local and international
investors.
“As our commitment
to continuous progress, one of the major projects that we will take on this
year is the Carmona International City (CIC) development. Launching the CIC
marks a long-awaited achievement that reflects the aspirations and collective
efforts of our community. This milestone fuels optimism and growth plans as we
embark on a transformative journey towards becoming a beacon of progress and
success,” Cong. Loyola said.
With the CIC, the
district aspires to set global standards and envisions a future characterized
by increased employment opportunities, government revenue growth, enhanced real
estate value, greater connectivity, and sustainable development. As the city
commits to growth and excellence, Carmona is positioning itself as an example
of global prominence, embracing innovative solutions and practices that
prioritize environmental stewardship and long-term resilience.
The CIC project
represents a collaborative effort between the Carmona local government unit, SM
Development Corporation (SMDC), and SM Prime Holdings, Inc. (SMPH),
demonstrating the partnership between government and private institutions in
pursuing projects that deliver benefits to all stakeholders and drive inclusive
growth.
Carmona's
progressive outlook and dedication to growth further reinforce its goal of
providing enticing opportunities for investors. With a business-friendly
environment, the city plans to introduce incentives to facilitate development
and attract investments in the coming years, according to Congressman Loyola.
With its strategic
location and robust infrastructure, Carmona is poised to provide a solid
foundation for business activities. By being open to specific industries,
collaborating with private entities, and adhering to environmental, social, and
governance (ESG) practices, Carmona presents an appealing choice for foreign as
well as domestic companies while prioritizing the well-being and quality of
life of its residents.
As Carmona embraces
its cityhood, it invites local and international investors to explore the numerous
opportunities within its borders, emphasizing fairness, transparency, and a
peaceful environment.
“Carmona's
transformation will surpass all expectations. We will make history, crafting a
captivating story of global prominence,” Cong. Loyola claimed. “Carmona will
become the epitome of a vibrant destination for residents, tourists, and trade
partners. Together, we will build a future that exceeds all possibilities.”
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