BACOLOD CITY: The mayors of Victorias City in Negros Occidental and Ajuy and Banate towns in Iloilo signed a tripartite agreement that establishes an economic triangle between the three local government units (LGUs) in rites held at Victorias City Hall.
Signatories of the memorandum of agreement were Mayors Francis Frederick Palanca of Victorias City, Juan Alvarez of Ajuy, and Carlos Cabangal Jr. of Banate.
The signing rites held Friday was witnessed by Negros Occidental Third District Rep. Alfredo Benitez and Abang Lingkod party-list Rep. Stephen Paduano, with Philippine Ports Authority (PPA) Pulupandan port manager Enrique Fuentebaja, PPA representative Alan Rojo, and Negros Occidental First District Engineer Jaime Javellana.
The partnership includes a proposed port development project, specifically a feeder port to be constructed in Barangay VI-A in Victorias City, while improving the existing ports of the two Iloilo municipalities.
A more comprehensive feasibility study can be finalized to support the proposal for final approval and funding in the national level, Benitez and Paduano had earlier said.
The Victorias Ajuy Banate (VAB) Economic Triangle aims to create a general framework for cooperation and information exchange to improve their respective community’s economic, environmental, social, and tourism concerns.
It also targets to come up with a respective system of roads and ports in order to boost the trade of agricultural products, goods and commodities between the three LGUs.
This will also design and improve vehicular ferry routes, increase passenger boat trips, and propose plans to minimize the handling expenses of goods that will enhance the accessibility of prime tourist destinations.
The parties involved will collaborate and jointly mobilize resources to protect and preserve marine resources and create a core group to ensure the viability of this cooperation and to provide funding for this joint endeavor.