Ms. Ronadale Zapata
To help promote RP
VP NOLI PUSHES FOR PROPERTY
17 October 2005
President and concurrent Housing
and Urban Development Coordinating Council (HUDCC) Chairman Noli
‘Kabayan’ De Castro yesterday pushed for property development
nationwide to help promote tourism for the country.
before delegates attending the 2005 National Convention of the Chamber
of Real Estate Brokers Association at the Tagaytay Highlands in
Tagaytay City, Cavite, De Castro said tourism, like housing, plays a
major role in improving the country’s economy and one of the ways to
attract foreign visitors and investors is to develop local real estate.
cited three requirements to spawn property development. First, he said
there should be adequate infrastructure facilities such as roads and
communication lines. Second is the progressive spirit of urban
development and urban renewal. Last, there is a need for security and
safety intertwined in proper urban governance.
these requirements, the government needs the help of the private sector
especially in setting up infrastructure in the country,” he said.
Vice-President also said correct land use planning and zoning of areas
for tourism would be helpful in property development. “This would
definitely pave the way for a sustainable tourism development and a
timely infrastructure development,” he added.
speech, De Castro took time in lauding the private sector particularly
members of CREBA for their continued support to the national shelter
program. He said this year’s convention is proof of a renewed
partnership between the government and the private sector in pursuing
an aggressive and reinvigorated housing industry in the country.
year, CREBA also sponsored a housing seminar that aimed to strengthen
ties between the local government units and the private sector. De
Castro said a united effort is what all it takes to make the national
housing program successful.
Ref. VPMEDIA 05-150
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