What is happening now in Pampanga Real Estate Philippines Part 3

Tourism is a Top Priority here

With the cheap airfares and budget travel on the rise. People are getting into traveling other places within the country or overseas. This creates a new opportunity for local tourism to spring. The national government is considering it making Diosdado Macapagal International Airport (DMIA) as a dual airport with Ninoy Aquino International Airport (NAIA) in Paranaque City, Metro Manila.

DMIA has been servicing international budget carriers such as Tiger Airways, AirAsia and others airline companies with international flights and destinations from Asian countries or cities like Hong Kong, Bangkok, Seoul and even Darwin, Australia.

Local budget airlines such as Cebu Pacific, Zest Air, PAL Express have already been servicing air transport and passenger services to local destination in southern island of Visayas and Mindanao regions from Diosdado Macapagal International Airport at Clark Freeport Zone in Pampanga.

In a newspaper published report from The Philippine Daily Inquirer DMIA is expected to serve 750,000 passengers by the end of this year. By next year, "the number was seen to breach 1 million" said by Clark International Airport President Victor Luciano, in an interview.

In the local event scenery, there are numerous places, events or festivals to visit, experience and see around Pampanga from Ibon-Ebon Festival in Candaba during late February, Tugak Festival in San Fernando in December, Clark Hot Air Balloon Fiesta at Clark Freeport during early to mid-February, San Fernando Giant Christmas Lantern (Ligligan Parul) Parade and Festival during Christmas season, Duman Festival - November in Sta. Rita and Sinukwan Festival just to name a few. This showcase how wonderful the people of this province celebrate special days in their locality.

The Philippines is Moving Forward Right!

Pampanga has a piece of the pie

Recent news have been channeled on the economic fundamentals of this country. Pampanga in part have seen growth in the past decade with the influx of major businesses expanding to this new growth centers wherein Pampanga is part of "W growth corridor".

Road developments and upgrades from SCTEx and McArthur Highway has been on-going since early 2009. The Clark Special Economic Zone turned into Clark Freeport Zone in 2010. Sabah Al-Ahmad Global Gateway Logistics City inside Clark Freeport Zone which is estimated worth at US$ 3 Billion from Kuwait. The facility is currently undergoing construction and development. The business park in this zone may be fully operational in the next five to seven years.

Public - Private Partnerships agreement between the national government and private companies help boost economy in terms of infrastructure developments during President Benigno S. Aquino, Jr. term.

The Philippine Stock Exchage (PSE) Index have been reaching a 7000 mark which is high in recent years. It has seen positive news of economic stimulus from local businesses and remittance by Overseas Filipino Workers (OFW) wherein they are raking in Billions of US$ dollars. Pampanga is the strongest source of overseas workers and it "has remitted a P16.6 billion in remittances in 2006 and P161.2 million in donations to various organizations in the province to date " (Sunstar News Pampanga Nov 2012).

Other than the financial credit agency's such as Standard and Poor (S&P) and International Monetary Fund have been giving ratings on the state of the country. It was a thrilling news to see how the rapid development is happening around the archipelago including this province. It seems that our country is in the investors radars nowadays as one of the emerging countries or so called - N11.

Useful Links of Pampanga-based blogger and other Websites

I have put some very informative on the place we call home here in Pampanga. Check out news and other updates for further knowledge on topics relating to our province.

Pampanga Real Estate Trend, Guide and Review - An informative blog for those who are seeking real estate properties as potential investments, business opportunity and even as a prospective home in the province of Pampanga, Philippines and other parts of the country.

Ivan About Town - In 2005, Ivan Henares was among the first Filipinos to take advantage of the entry of low cost carriers in the Philippines. Seat sales and piso fares were unheard of before these airlines entered the Philippine market. He booked a "free seat" plane ticket to Kota Kinabalu, Malaysia and what happened next is history. It was during his trip to Kota Kinabalu and Brunei in April 2005 that he wrote his first blog entry.

Keni Ngeni - A Pampanga based community forum and website.

Philippine Retirement Authority - "Smile at Life in the Philippines." This is our invitation to our former Filipino citizens and foreign nationals to choose the Philippines as their second home

C. F. Baluyut Realty - Prime real estate marketing and general brokerage service firm in Pampanga, Philippines.

About the Writer

CRB Benedict Baluyut is an associate real estate professional of C. F. Baluyut Realty with PRC REB License No. 8358. He is the current Vice President for External Affairs with Real Estate Brokers Association of the Philippines, Inc (REBAP) - Pampanga Chapter.

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