P’que const’n industry, condo business resurge
After hitting a snag during the “dark years” when Parañaque was regarded as a “dark, dirty, backward and neglected locale”, the construction industry and condominium business in the city has resurged in recent years during the administration of City Mayor Florencio Bernabe, Jr.
In a report to the local chief executive, City Building Official Arch’t. Elmor Vita said that building, condominium, commercial facilities, industrial complex, home construction, repair and renovation continues to make an upward trend.
Apart from the city’s strategic location; good business potentials; residents’ loyalty to Parañaque-based companies, products and services; business-friendly policies and legislations; trained and ready manpower-base, said growth has been influenced greatly by the efforts of the department, including its continuing campaign and information drive on the need to secure appropriate permits, among them building and occupancy permits.
In 2009, the Office of the Building Official made a revenue collection of P32,818,935.04. In 2010, it collected Php38,175,607.27 in inspection fees. The resulting difference of Php5,356,674.23 represents a 16.32% growth.
During the first four months of the current year, it collected Php19,110,815.89. In the same period last year, the office only made Php18,469,596.85, registering a Php642,219.04 or 3.47% revenue increase.
“Beyond gains in taxation, I am happy that the construction industry and condominium business are resurging. It is consistent with our vision and efforts of making Parañaque a prime habitat city and investors’ haven of the Metro South. I am also pleased that through the strict implementation of the National Building Code, other pertinent laws, local legislations and building inspections, Parañaque has become a safe community.” Mayor Jun Bernabe said.