LOCAL ECONOMIC REVOLUTION

We need radical measures to boost our local economy. Consumer Economy - buying goods and services - is not enough to propel us to real economic growth. We need to aggressively pursue our local Industrial Economy - producing material goods intended for local and foreign markets.

To kick off our Economic Revolution, our key strategies will include:

1. Formulation of a San Pedro Local Economic Development (LED) Strategy after the conduct of a Local Economy Mapping and Analysis.

2. Establish Economic Zones in suitable sites in the city to attract investors and create jobs.

3. Reclamation and /or Designation of portions of San Pedro Coastal Area for possible EcoZone sites.

4. Economic Missions overseas to promote San Pedro as an ideal investment site.

5. Enact legislations to provide tax incentives to attract new and big investors.

We need to revolutionize our local economy to catch up with the improved local economics of other Laguna cities such as San Pablo, Calamba, Santa Rosa and Binan. We need to establish our own robust local economy by aggressively pursuing a production-based economy versus a consumer-based economy.