ZAMBOANGA CITY- Mindanao's economic giant has awakened - announced Zamboanga City Mayor Beng Climaco in her State of the City Report (SOCR) last January 10, 2017. The mayor herself is a witness to continuous influx of new businesses in the city resulting to an increase in business tax remittance from Php304-million in 2015 to Php341-million last year.

"Mindanao’s economic giant has awakened; we are now considered as one of the fastest-growing economies in Mindanao," she declared.

Mayor Beng also divulged the entry of SM Mall in the city. "The country’s largest chain malls is expected to finally be here in Zamboanga City," she said referring to SM Prime Holdings. To recall, Mindpro Citimall has already tied up with SM for a joint venture. “More are coming to invest,” she added.

SM had a lot near along Nuñez Extension. Accordingly, SM is set to build for malls in Mindanao before 2020 which includes SM City Zamboanga. “Those who opened shop here recently have experienced record-breaking sales during their opening, as compared to other branches nationwide,” Mayor Beng Climaco claimed.

Read news source HERE.

This intersection in downtown Zamboanga is being comapred to Shibuya, Japan by some locals. Photos credit to the owner.




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