(+63) 977-815-0888[email protected]
Cebu, Philippines
FacebookInstagramX / Twitter
HomesPH
Our CompanyNewsMortgageEducationTourismRestaurant
LoginSign Up
HomesPH
HomeOur CompanyNewsMortgageEducationTourismRestaurant

Contact

(+63) 977-815-0888[email protected]
Cebu, Philippines
FacebookInstagramX / Twitter
HOMESPHNEWSReal EstateNaga City Eyes Industrial Growth Through Balili Property Development

Naga City Eyes Industrial Growth Through Balili Property Development

Updated Just Now
ByHOMESPH NEWS
0 views

Naga City is pursuing the acquisition of a portion of the Balili property to create an industrial economic zone aimed at boosting local employment and urban development.

Real Estate

Cebu City

Real Estate & Economy
Real Estate & Economy

Cebu — The City of Naga is setting its sights on a transformative project that could reshape the economic landscape of southern Cebu. Mayor Valdemar Chiong has announced plans to negotiate the purchase of 16 to 17 hectares of the provincially owned Balili property in Barangay Tinaan to establish a new economic zone. This initiative is designed to house industrial locators and generate up to 10,000 new jobs for residents, significantly reducing the need for southern workers to commute to Metro Cebu. The collaboration between the city and the provincial government marks a significant step toward decentralized economic growth.

Decentralizing Economic Opportunities

For many years, the concentration of jobs in Cebu City has resulted in long daily commutes for workers living in the southern municipalities. By developing an economic zone closer to home, Naga City hopes to provide high-quality employment options that allow families to spend more time together. The project is seen as a win-win for both the local residents and the city’s industrial capability, as it maximizes the potential of unused land. This strategic move is expected to attract major locators who are looking for accessible and well-planned industrial sites outside of the main metropolitan hub.

Navigating Government-to-Government Negotiations

The process of acquiring the property involves careful negotiation between the provincial government and the city to ensure fair terms for all parties. Governor Baricuatro has confirmed that the land is clear for development, removing a major hurdle that previously stalled progress on the site. As the two sides work to apportion the land for the proposed economic zone and the upcoming Cebu Mega Food Hub, the focus remains on long-term efficiency. This cooperation demonstrates a professional approach to governance, where the interests of the public are prioritized through collaborative planning.

Building a Foundation for Future Prosperity

The establishment of this economic zone is expected to be a pillar of growth for Naga City, providing the tax base and community development funds needed for future projects. Beyond the immediate job creation, the area will likely attract ancillary services, from transportation and retail to housing and healthcare. This expansion will solidify Naga’s status as a key industrial center in Cebu, ensuring the city is well-prepared for the demographic and economic shifts of the coming decade. As plans move toward the groundbreaking phase, the optimism regarding the project's impact is palpable.

HOMESPH NEWS

Jun 14, 2026

HomesPH

Advertisement Unavailable

Latest Stories

Strategic Infrastructure Fuels Cagayan de Oro’s Regional Dominance

Strategic Infrastructure Fuels Cagayan de Oro’s Regional Dominance

Jun 14, 2026

4PH Projects in Iloilo Gain Ground: 2,039 Homes Rising in Jaro

4PH Projects in Iloilo Gain Ground: 2,039 Homes Rising in Jaro

Jun 14, 2026

ABREP Demands DHSUD Release LTS Data Amid Housing Backlog

ABREP Demands DHSUD Release LTS Data Amid Housing Backlog

Jun 14, 2026

This Luna Street Property Highlights the Value of Investing in Surigao City

This Luna Street Property Highlights the Value of Investing in Surigao City

HomesPH

Advertisement Unavailable

HomesPH

Advertisement Unavailable

HomesPH

Advertisement Unavailable

Jun 14, 2026

Trending

Iloilo Sports Complex Upgrade to Boost Nearby Property Values

Iloilo Sports Complex Upgrade to Boost Nearby Property Values

Jun 14, 2026

The Incredible Resilience That Transforms Everything About Cebu Real Estate

The Incredible Resilience That Transforms Everything About Cebu Real Estate

Jun 13, 2026

71 Families to Get New Homes, Clearing Way for Iloilo Smart Government Center

71 Families to Get New Homes, Clearing Way for Iloilo Smart Government Center

Jun 13, 2026

Global Mortgage Rates Falling: What It Means for Filipino Home Dreams

Global Mortgage Rates Falling: What It Means for Filipino Home Dreams

Jun 13, 2026

HomesPH

Advertisement Unavailable

HomesPH

Your trusted partner in finding the perfect home. Connecting Filipinos with quality properties nationwide.

Contact Us

(+63) 977-815-0888

Mon-Sat 9AM-6PM

[email protected]

We reply within 24hrs

Cebu, Philippines

Serving nationwide

© 2026 Homes.ph. All rights reserved. Your dream home awaits.

Privacy PolicyTerms of ServiceSitemap