Economy
By virtue of Presidential Decree 1520, former president Ferdinand Marcos declared some areas of the municipality as a potential tourism area. Thenceforth Nasugbu had a tourism industry known primarily for its beaches. Before Boracay and other places became fashionable, Nasugbu was one of the traditional destinations tourists headed during Holy Week and other holidays. Its proximity to Manila still makes it a popular and practical choice.
Some economic highlights are the development of Nasugbu's agro-industrial industry (feed mills, meat processing and poultry-growing) by building more farm-to-market roads. The loal government is encouraging investors, particularly computer companies, to build a technological park. Aside from the technopark, there are plans to develop the Wawa fishing port as an ecotourism center, which would be patterned after Pier 39 in San Francisco.
While the government wants to turn Nasugbu into a viable investment area, they also wish to preserve the town's natural environment. Hiking in the mountains and virgin forests around Nasugbu is popular. One particular spot, Karakawa, is a series of multi-tiered naturally-formed rock pools hewn out of the mountain. The smallest pool is about the size of a jacuzzi while the biggest measures about 25 square meters. The pools are more than 6 meters deep, and one can catch fish in the pools.
At the moment, because of its rolling terrain and coastline location, agriculture (sugarcane, rice, corn, vegetables, coconut, fruits) and aquaculture are Nasugbu’s main industries. It is home to the Central Azucarera Don Pedro, one of the country's largest sugar producers.
Being home to one of the largest sugar milling companies of the country, the production of sweets is a significant portion of the local economy. Nasugbu is the only town in Luzon which hosts a bibingkahan (rice cake area) in its public market. There are at least 10 kinds of rice cakes that are found only in Nasugbu, in addition to the varieties that could be found elsewhere in the country. Many Nasugbugueños, even those who do not do much cooking, take pride in making a variety of sweets such as sweetened yam, sweetened coconut and similar products.
Read more about this topic: Nasugbu, Batangas
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)