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City Economic Enterprise records 27% increase in collections in Q1

THE CITY Economic Enterprises collected 27.23% more in the first quarter of 2023 than the figures for the same period last year.

CEE head Maximo Macalipes Jr., in an interview during the Madayaw Dabaw on May 17, said the collection totaled P67,267,079.75, higher than the P52,867,793.22 recorded in the first three months of 2022.

Mao ni siya ang pinakadako nga na-receive nato this quarter as compared to last year (This is the biggest we have received so far this quarter as compared to last year’s),” Macalipes said.

He added that market operations contributed the biggest share, with 64.39 percent of the total collection, or P43,309,561.67.

Naa ta’y walo ka palengke ang Bankerohan ang nag-una ani (We have eight markets, and Bankerohan has taken the lead),” he said.

Based on CEE data, Bankerohan Public Market’s income for the first quarter of 2023 reached P19,520,223.17, equivalent to 45.07 percent of the cluster’s total.

Macalipes said the CEE continues to find opportunities to generate more revenues to support the projects of Davao City.

Kani atong income mudiretso gyud ni siya sa city government of Davao para ma allocate na nato pangtabang sa programa ug serbisyo nga gina-align pod sa atong government karon (Our income will go directly to the City Government of Davao and will be allocated to help the programs and services aligned by our local government),” he added.

He further said the slaughterhouse in Malagos, the Almendras Gym, night markets, the Sta. Ana Port and Magsaysay Park continue to operate under the CEE for revenue generation.


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