Mayor Isko Moreno urges tycoons to invest in Manila

Mayor Isko Moreno urges tycoons to invest in Manila



Mayor Isko Moreno is not wasting anytime for the nation’s capital.

Just to show he is doing his job,he is now wooing Filipino Tycoons to take a second look at Manila and eventually invest more in the city.


Moreno revealed to reporters that he encouraged some of the country's tycoons to invest in the old business district of Escolta and to provide jobs and help curb crime.

Mayor Isko Moreno with CEO Jaime Augusto Zobel de Ayala, SM Investments Corp's vice chairman Teresita Sy-Coson, and Alliance Global CEO Kevin Tan ( photo credit to owner)

Over the weekend the young mayor had dinner with SM Investments Corp's vice chairman Teresita Sy-Coson, Ayala Corp chairman and CEO Jaime Augusto Zobel de Ayala and Alliance Global CEO Kevin Tan, who posted photos of the meeting on his Instagram the day after.
"I’m grateful kasi ang hiningi ko sa kanila bumalik, mag invest sa Manila (I'm grateful because I asked them to return, invest in Manila)... that I requested them to focus their vision to a particular geography which is Escolta and told them that in the earlier times Escolta is the business center in the country," Moreno said.

In all the meetings he asked that Manila residents be given the chance to be hired, in pursuit of his project of creation of jobs for the residents of Manila.
"‘Yan ang aking personal request, kung magtatayo ng branch, kung magtatayo ng franchise, magtatayo ng development, ang pakiusap ko at the very least, 70 percent ng i-hire nilang empleyado ay taga lungsod ng Maynila. I was asked why, because what I believe personally, this is one way of reducing criminality in the city of Manila," the Mayor said. 

Moreno, in the first weeks of his office kept himself busy by cleaning the streets of Manila namely Quiapo, Blumentritt, Divisoria,Recto to name a few, cleaned Liwasang Bonifacio, met with different envoys, and made signed some significant ordinances for the residents of Manila like, franchises should be open to hire senior citizens, monthly stipend for undergraduate students from its two local university/college.



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Report from ABS-CBN News

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