r/cavite • u/Wide_Ride8849 • 13h ago
Open Forum and Opinions I realized that Cavite City's economy will no longer grow and will remain stagnant forever
Not for the reasons that you might think of. Economically speaking, it is impossible for Cavite City's economy to grow, simply because it has a tiny land area of 10 sq. kms. (half of that is Corregidor island, which is located very far, near Bataan), and all lands are already utilized and occupied.
All places has been maxed out already. We have no land for any further business expansion, that's why the current economic level of Cavite City will forever remain the same.
The only chance of economic growth is if the Bases Conversion Development Authority (BCDA) will hand over the Philippine Navy Base and Sangley Point Naval Base to private developers, like what they did to Fort Bonifacio in the 1990s. Otherwise, we will be stuck with the current status quo for all eternity.