Economy
Roxas City has basically an agri-based economy. Farming and fishing are the major economic activities which claim 37.05% of the city’s total land area. Although agricultural, the city is now moving towards commercialization and industrialization as it is the center of trade and commerce not only in the province of Capiz but also in the northern part of Panay Island.
The City gets its power from the Capiz Electric Cooperative (CAPELCO). The Metro Roxas Water District (MRWD) supplies potable drinking water to the populace. Supplementing the water supplied by Metro Roxas Water District (MRWD) are wells with hand pumps and artesian wells which are constructed through the Barangay Water Program (BWP) and Department of Public Works and Highways (DPWH).
The city's urban area starts to expand on the southern part primarily on the site of 300 hectare master-planned area, Pueblo de Panay, which aims to build a new business district that would connect the major highways of the city namely, Lawaan and Sibaguan Highway. Currently it is already occupied by several restaurants and hotels and soon the 75, 000 sq. m. Robinsons Mall. Roxas City is now experiencing "Real Estate Boom" with massive conversions of fishponds into subdivisions and commercial areas. DoubleDragon Properties Corporation owned by Edgar Sia of Mang Inasal and Tony Tan Caktiong of Jollibee Foods Corporation plans to venture in this city.
The National Port of Culasi and Roxas Airport serve as the main gateway to the city from the capital city of Manila. Philippine Airlines and Cebu Pacific Air has a daily flight to/from Manila and Mid-Sea Express serves the Roxas - Cebu route. The M/V Love-1 of Moreta Shipping Lines provides the shipping experience going to Manila North Harbor and The Super Shuttle RoRo links Culasi to Batangas.
Read more about this topic: Schools In Roxas City
Famous quotes containing the word economy:
“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)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“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)