Binangonan, Rizal - Economy

Economy

Binangonan's economy remained docile for almost four decades, subsisting only with fair performance in the aquaculture and agricultural ventures with no new developments in-place to create job opportunities in the commercial sector. Tourism industry's growth remains to be seen in the long-term. Industries relative interests to the town has to be developed and the corresponding infrastructure must be funded and implemented accordingly to create and sustain future development. Overall expectations to encourage investment must be prioritized rather than enticing the growth of informal settlers (squatters) in the area which was perceived by many to be more of strategic political undertakings.

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