Economic growth-A A +A
Tuesday, February 18, 2014
TAKEN all together, the matter of developing and growing economically actually means our capability to change whatever material resources we have from our environment and improve or transform these into something useful or consumable.
Driven by the need to exist or survive, people become visionary, creative, or innovative. Thus, they seek and transform things to meet their needs, or answer a demand in their effort to survive.
The current price of keeping one’s nose above water has indeed become more expensive than it ever has been before.
Thus living under the prevailing condition of our material environment has become even more stringent and challenging, in the sense that the resources we have been using are said to be dwindling from our continued use.
It has been said that the counter-effort of the concerned socio-economic leaders regarding our national development, meaning those who are deeply conscious of the importance or condition of our natural resources, may have increased the value of the resources but also increased their cost to the consumers.
In other words, with the transformation of the material resources into more usable forms, these also gained higher values. There is the case of the Aboitiz land development project in barangay Cansomoroy in Balamban, which is just about a few kilometers beyond the boundary of Cebu City with the town.
The property developer has ventured into an eco-adventure park development with its flagship project, Canso X in Barangay Cansomoroy. The eco adventure park is located in a twelve-hectare land that is part of the more than 200-hectare property of the company’s affiliate, Cebu Industrial Park Development, Inc. (CIPDI), which also operates the West Cebu Industrial Park.
The West Cebu Industrial Park is located in Balamban, but in the 200-hectare area right on the boundary of Balamban and Cebu City. Some ten kilometers down towards Balamban, my hometown, is the Cansomoroy Aboitiz Land, Inc.
“Trekking in Canso X would take three hours on average for a 2.5 kilometer distance.
Hikers will get to pass the rocky Cansomoroy river and a cave. It is said to be the first “hike-bike camp” eco-park in Cebu. Aboitiz Land is said to have invested about P6 million for the project. Going to Balamban, one passes by it.
In a way, campers in the project would say how the raw natural resource was transformed by sheer creativity and innovation, to give more value to the area. It has added more value to the property, and added, of course, to the cost of whoever would wish to use and enjoy the new uses of the property.
It is how the economic growth of an area improves the economy of the place, the value of the property, and the cost of living of the people in the community.
Talk of economic development! That is one way to go about it.
Published in the Sun.Star Cebu newspaper on February 19, 2014.