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Angeles village chief to lead rally in support of Capilion project

Jul 19, 2015 @ 8:28

A barangay chairman in Angeles City, Pampanga will lead a rally to support the controversial P7-billion Capilion project in Clark Freeport.

Barangay Malabanias Chairman Reynaldo Gueco said the village stands to earn P5 million to P10 million in revenues if the project pushes through, aside from the employment opportunities for barangay and city residents.

Gueco said the “peaceful rally” will be participated in by barangay leaders, transport groups, local traders and other civic organizations.

He branded as “anti-development” some local officials and businessmen who are opposing the project.

According to Clark Development Corporation (CDC), the mixed-use facility of Singapore-based Capilion Corporation PTE Limited (CCPL) will generate about 18,000 jobs.

The CDC and Capilion have signed a lease agreement for a three-hectare property at the main entrance of Clark along the MA Roxas Avenue.

The Singaporean firm will develop a four-storey building which will house business process outsourcing (BPOs), offices, hotels, banks, and retail stalls.

A group of city officials and businessmen have aired opposition to the project on claims that it will harm local businesses and cause colossal traffic congestion in the area.

Gueco belied these claims saying that the establishment of the big commercial hub will even spur economic development in Malabanias and other villages in the city.

The village chief said that they want to grab this “rare opportunity” of huge investments which will bring about big revenues to the city.

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