Olongapo SubicBay BatangGapo Newscenter

Wednesday, March 23, 2005

SM Clark Megamall welcomed

The construction of the P500-million SM Megamall near the main gate of Clark Special Economic Zone is a done deal. The Clark Development Corp. board of directors has approved the mall’s construction with the endorsement of no less than President Arroyo months ago. In fact, SM management donated an initial funding of P50 million for the development of the nearby 12-hectare Bayanihan Park into a world-class theme park.

Several civic and business leaders in Central Luzon have welcomed the Clark SM Megamall project, saying that it would generate at least 12,000 jobs. Romy P. Yusi Sr., regional governor for Central Luzon of the Philippine Chamber of Commerce and Industry Inc., said the SM-Clark project will benefit thousands of consumers because it would create business competitions. Yusi explains that fair business competitions will mean reduction of prices of commodities.

Yusi was wondering why some people opposed the establishment of SM-Clark when they did not scream a howl in the recent construction of the giant Robinson Mall and the Puregold mall near Clark zone. He added that the three-story Jenra Mall and Nepo Mall in the heart of Angeles City as well as the Saver’s Mall in Barangay Balibago were also constructed without any opposition from local residents.

Another benefit that Angeles residents got from SM management is the construction of a multimillion-peso antiflooding drainage system along the MacArthur Highway in Barangay Balibago. SM Prime Holdings, owners of the chain of SM malls in the country, funded the drainage project together with the Angeles City government. The construction site is a perennial flood-prone area during rainy seasons.

Angeleños will not deny that, for the first time in recent memory, they finally realized having a world-class theme park. Yusi said that Angeleños, including government officials, were grateful to SM management for the modern theme park.


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