Buscom
Company Name: Designways Construction
Location: #12 Tulip St., Phase 4-A Elrio Vista., Bacaca Davao City
I. Importance of the business
The Construction business is essential to the growth of a city. In today’s time, Davao City has been making a name for itself. Mayor Rodrigo Duterte is the one spearheading the city’s rapid growth in High Rise buildings, to rebuild some of Davao’s most derelict industrial neighborhoods and to planning to modernize Davao City’s public transportation system. Most people in the city is excited and hopeful about these plans.. Having Contractors, engineers and architects that will help make our city a better place, the construction business is requisite for a brighter, better place of living and to promote the credibility of our city. It is a common fact that the Contraction business is also one of the biggest employer that could increase the employment rate of the city thus give more job opportunities to those unemployed people needing to support their families. Companies throughout the economy are dependent on the performance of built infrastructure such as roads, rail, power stations, and telecoms networks to support and facilitate business advancement. Any construction activity is an indication of a flourishing economy. We should look past what Davao was and imagine Davao as it will be.
II. Problem in the business
On the financial concern, the government along with the private lending institutions should be accommodating and liberal enough in providing loans to the industry as a good augmentation for the industry’s financial capital resources The stability of politics is also one of the problems, if government is very chaotic and unstable it would greatly affect the confidence of the investors. The consistency of the behavior and polices of the government is critical to the growth of the industry. Any display of unpredictability could instantly diminish the trust of probable investors. Lastly, Other support agencies, such as
Location: #12 Tulip St., Phase 4-A Elrio Vista., Bacaca Davao City
I. Importance of the business
The Construction business is essential to the growth of a city. In today’s time, Davao City has been making a name for itself. Mayor Rodrigo Duterte is the one spearheading the city’s rapid growth in High Rise buildings, to rebuild some of Davao’s most derelict industrial neighborhoods and to planning to modernize Davao City’s public transportation system. Most people in the city is excited and hopeful about these plans.. Having Contractors, engineers and architects that will help make our city a better place, the construction business is requisite for a brighter, better place of living and to promote the credibility of our city. It is a common fact that the Contraction business is also one of the biggest employer that could increase the employment rate of the city thus give more job opportunities to those unemployed people needing to support their families. Companies throughout the economy are dependent on the performance of built infrastructure such as roads, rail, power stations, and telecoms networks to support and facilitate business advancement. Any construction activity is an indication of a flourishing economy. We should look past what Davao was and imagine Davao as it will be.
II. Problem in the business
On the financial concern, the government along with the private lending institutions should be accommodating and liberal enough in providing loans to the industry as a good augmentation for the industry’s financial capital resources The stability of politics is also one of the problems, if government is very chaotic and unstable it would greatly affect the confidence of the investors. The consistency of the behavior and polices of the government is critical to the growth of the industry. Any display of unpredictability could instantly diminish the trust of probable investors. Lastly, Other support agencies, such as