ALABEL, SARANGANI, March 15, 2022 – Alsons Development and Investment Corporation (Alsons Dev), together with the municipal government of Alabel, led the groundbreaking ceremony for the construction of an 877.5-meter bypass road valued at P30 million that will connect Libertad Road in Barangay Maribulan, Alabel to the Sarangani-Davao del Sur Coastal Road.
A 630-meter property that forms a significant portion of the road was donated by the Alcantara Family, founder and owner of a diversified conglomerate comprised of more than 20 corporations, which include Alsons Dev, a leading real estate developer in Davao City, and Alsons Aquaculture Corporation, the Philippine’s largest processor and exporter of premium quality bangus and many other processed seafood products based in Sarangani. The donation was made to the Municipality of Alabel on July 28, 2021, in time for the town’s 50th founding anniversary.
“We are grateful to have donors like the Alcantara Family, who are committed to working with the local government to improve our infrastructure for the betterment of the province and its people,” said Alabel Mayor Vic Paul Salarda.
Scheduled to be completed in August 2022, the Alabel Bypass Road will boost land value and socio-economic development for Alabel, as it will allow a more seamless travel for commuters in Barangays Maribulan, Libertad, Bagacay and Poblacion heading to and coming back from Davao del Sur.
Easier access to Davao del Sur, which, according to the Philippine Statistics Authority, had a total population of 680,481 in 2020, will increase foot traffic to Alabel. In turn, this will increase the zonal values in Alabel.
“We are honored to be part of this project. Our family has always been supportive of the growth of Alabel. Resolute to our founder’s vision of uplifting the people’s quality of life, Alsons Dev will continue to be a catalyst of growth and development, especially in places where our business operates,” said Miguel A. Dominguez, Director of Alsons Dev.
Later this year, Alsons Dev is set to expand its real estate business to Alabel with the launch of a major mixed-use development that integrates prime residential communities, first-class leisure amenities, wide retail and commercial offerings, reputable educational institutions, and government support facilities in one address. The new project will be Alsons Dev’s first major project outside of Davao City.
For more information on Alsons Development and Investment Corporation projects, visit https://alsonsdev.com/.
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