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Wednesday, May 11, 2011

Rosario

Rosario: An agricultural-commercial-industrial Center

The Philippine National Oil Corporation (PNOC), Petrochemical, Vinyl Consortium and the Cavite Export Processing Zone (CEPZ) converted prime agricultural lands to industrial use. The biggest industrial zone in the province of Cavite is the CEPZ which boasts of 210 export manufacturing companies most of which are owned by Japanese, Korean and Filipino investors. The free port zone employs at least 50,000 CaviteƱos.
Rosario is envisioned to shift from a rural and agricultural-based economy to a balanced agricultural-commercial-industrial setup. Rosario aims to be self-sufficient in fishery, livestock and agricultural products with the help of additional infrastructure support like food processing facilities, a fish market, cold storage and a fish port. The Pandawan fish port in Barangay Sapa is the major fishing port of the province. Rosario is anticipated to increase its residential, industrial and commercial areas further. The Filoil Development and Management Corporation (FMDC), with the aid of the Local Government Unit of Rosario, has started to develop 134 hectares of Philippine National Oil Corporation property into a special economic zone that will have an industrial estate, low cost housing, and a port to facilitate transport of products and services to and from the ecozone. A proposed reclamation will increase the land area of Barangays Sapa II and III by 200 hectares.

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