THE management of Market City Agora in Cagayan de Oro has assured displaced vendors that they would be accommodated to the newly refurbished market and terminal building at Lapasan.
Mr. Hong See, proprietor and manager of Megafarm Corporation, the developer of Market City, told Mindanao Gold Star Daily that they are now validating the exact number of vendors to be accommodated. “They will all be accommodated inside, provided that they have been there in the area as regular vendors prior to the start of the construction,” he said. The number of vendors that surround the Market City has reportedly increased after finding a much bigger, more convenient and more spacious Agora Market with new amenities.
Records in the City Economic Enterprise Department list more than 1,000 vendors before the construction, but this has surged to more than 2,300. “One of the criteria is that we will see to it that those accommodated vendors can pay religiously the monthly rental. We have invested much to have a state-of-the-art market and terminal to cater to the needs of the people nearby,” See said.
Aside from the newly refurbished building, the Megafarm Corporation has installed a waste-water treatment facility to insure clean water is disposed towards the canal. The project is another Build Operate and Transfer entered into by the Cagayan de Oro City Government worth P250-million with businessman Erwin Bryan See to reconstruct the Agora bus terminal and market set to finish mid-quarter next year.
But See said they have already spent more considering that they have made some modification from the original plan. “We have some modifications which include the installation of mall-type tiles around the passageway. It is like a replica of Market-Market in Metro Manila,” he said.
Early this month, Savemore Market opened its first branch inside Market City with great merchandise selection, convenience and excellent customer service. The P100-million, 3,300-square-meter Savemore Market is a stand-alone full service supermarket owned and operated by SM Supermalls. It is its 35th branch in the country.
article from Gold Star Daily