04 Apr CDO Public Markets Earn Over P333 Million (2018-2021)
Mga higala! Public markets in Cagayan de Oro City have earned a total of P333,383,401.17 in the last 4 years (2018-2021)!
Below is the breakdown:
2018: P90,624,251.77
2019: P89,395,815.17
2020: P75,420,872.35
2021: P77,942,461.88
ICYDK, this is more than double the said markets’ earnings before the mentioned years (when it was in the state of bankruptcy).
Thankfully, with the efforts and strategies of the City Economic Enterprises Department (CEED) and the help of the 19th City Council and the Local Government Unit (LGU), the market system was transformed into what it is today.
CEED made a lot of changes and implemented management schemes aiming to help the city and its beloved marketgoers.
With the said earnings or profits, Cagayan de Oro’s public markets then experienced various improvements in the last few years and even persevered amid the ongoing pandemic. Employees have also gained from this and are now enjoying benefits that they didn’t have before.
Wow kaayo ba?
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