Saturday, August 4, 2018

SM Prime eyeing ‘main mall’ in Ecija’s ‘flood-free’ city

SAN Jose City -- Amid the construction boom here, SM Prime Holdings Inc., the operator of SM Group’s shopping malls, is reportedly planning putting up another branch in this city to become its so-called “main mall” in Central Luzon.

This was revealed to the Journal Group by Mayor Mario “Kokoy” Salvador, who said that due to the city’s flood-free characteristics, SM Prime has already acquired several lots and is scouting for more in Bgy. Abar 1st in preparation for their future expansion.

“Ang plano daw nila, ito ang gagawing pinaka-main mall ng SM sa Central Luzon kasi ito lang ang hindi binabaha, ’di katulad sa nangyari sa SM-Rosales at SM-Cabanatuan na binaha,” Salvador said.

“Ito ang parang gagawin nilang main mall, pati mga stocks nila dito dadalhin, depende siguro sa laki ng lupa na maa-acquire nila,” the mayor added.



Aside from this, Salvador said an additional six-megawatt renewable energy plant is being constructed to augment the existing 24 MW biomass facility of the Lucio Co-led San Jose City I Power Corporation in Bgy. Tulat, the city’s designated agro-industrial zone.

“Mayroon na naman additional na 6MW na itinatayo si Lucio Co na renewable energy plant, kaya magiging 30MW na ang total energy generated ng biomass power facility natin sa San Jose,” he told this reporter.

It was learned that the first 12MW and the second of the 24 MW biomass projects cost P1 billion each.

http://www.journal.com.ph/news/provincial/sm-prime-eyeing-main-mall-in-ecija-s-flood-free-city

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