By Dominic I. Sanchez
ZAMBOANGA CITY – The city’s economy has notably been on the rise, as more
investments, malls, trade opportunities and business ventures are continuously
moving in.
According to City
Investment and Promotions Officer Apple Go recently, the city’s economic
climate looks “very promising”.
“We have many
applications for new businesses, and these are aside from the new malls that
are being constructed here,” Go said.
Recently, the Yubenco
local mall chain has opened another establishment in barangay Tetuan, adding to
the two already existing in Putik and in Suterville. Three more malls are under
construction and nearing completion namely CityMall in Tetuan and Guiwan and
the KCC Mall along Governor Camins avenue.
Both CityMalls cover
a total of approximately two hectares, while KCC mall covers 3.5 hectares. KCC
will be the biggest mall in the city when completed. CityMall is a subsidiary
of CityMall Commercial Centers, which is also an affiliate of the SM
investments Corporation. KCC, which stands for Koronadal Commercial Center has
two other malls located in General Santos City and Koronadal City.
KCC Mall has released
the possible tenants on its Facebook page, which include new franchises in the
city such as the National Bookstore, Pizza Hut, Starbucks, Yellowcab, Krispy
Kreme, Folded and Hung, Lacoste, Samsun and others. KCC Mall may be open within
the year.
Meanwhile, residents
have been clamoring for an SM mall in Zamboanga. In a news article published in
the Philippine Star’s website on April 16, SM Prime’s president Hans Sy has
hinted about an expansion in Mindanao, which will include Zamboanga City.