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DEVELOPMENT PROSPECTS
The next
reporting period would most likely be affected by the following
developments:
-
either by
the worsening of the restive status of Mayon Volcano that
could lead into a hazardous eruption or by a gradual decline
in the volcano’s activity indicating that the volcano is no
longer in danger of imminent eruption;
-
resolution of concerns affecting residents in the project
area of the Libmanan-Cabusao dam project that should lead to
the resumption of its construction;
-
sustained
construction of the Southern Luzon International Airport in
Alobo, Daraga, Albay to ensure its target completion by
2012;
-
continuing boom in tourism with more foreign tourists being
drawn into the region, through Albay and Legazpi City, by
the spectacle of a Mayon volcano eruption;
- full
implementation of the extension of the Pantawid Pamilyang
Pilipino Program in the province of Albay, extending the
benefits to some 70,000 poor families in 11 municipalities.
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