Rosario, Cavite - Investments

Investments

Rosario is envisioned to shift from a rural and agricultural-based economy to a balanced agricultural-commercial-industrial setup. Rosario aims to be self-sufficient in fisheries, livestock and agricultural production with the help of additional infrastructure support like food processing facilities, a fish market, cold storage and a fish port. The Rosario Fish Port in Barangay Sapa is the major fishing port of the province. Rosario is anticipated to further increase its residential, industrial and commercial activities. The Fil-Oil Development and Management Corporation (FMDC), with the aid of the Rosario local government unit, has begun developing 134 hectares of the Philippine National Oil Corporation property into a special economic zone that will have an industrial estate, low cost housing, and a port to facilitate transport of products and services to and from the eco-zone. A proposed reclamation will increase the land area of Barangay Sapa II and III by 200 hectares. On November 20, 2009, SM Prime Holdings, the largest mall-operator in the country, opened its 36th mall in this little town. SM City Rosario has boosted the municipality's economy as well as helped in its employment rate, providing access to its movement towards urbanization.