BAGUIO CITY -– Baguio City Councilor Leandro Yangot Jr on Tuesday, July 12 said the establishment of several satellite markets will decongest the Baguio City Public Market and may have a domino effect on other issues pertaining to the Central Business District (CBD).
The proposed ordinance of Yangot, chairman of the city council’s Committee on Market, Trade and Commerce to establish more satellite markets in all the districts of the city, was approved on first reading and was endorsed back to his committee for further study.
During the regular council session on Monday, July 11, Yangot pointed out that there is a need for the city government to strengthen the existing satellite markets to ensure sustenance and continuity of operation as well as to establish additional satellite markets in areas where there is none until all the 20 districts in the city have their respective satellite markets.
“Satellite markets are vital to a healthy urban economy as these encourage innovations, activities and may ultimately lower the costs of goods compared to the public market,” Yangot said.
Under the proposed ordinance, the amount of PHP5 million from the general fund of the city will be appropriated for the implementation of the local legislation.
Yangot explained satellite markets are just one way of encouraging economic gardening that allow micro-business venturers to act as incubators of innovation and jobs, and as an added benefit, they contribute to the environment to create interesting urban destination not only for market, trade and commerce but as a tourism attraction as well.
The concept may be utilized on open spaces from being indolent to being general purpose open spaces for the public realm.
“By embracing this approach, our city’s economy and culture can be boosted,” Yangot explained.
Yangot quoted Baguio City Mayor Mauricio Domogan as saying that “the establishment of satellite markets is the best solution to decongesting the city public market and even streets in the CBD from itinerant vendors and even from market goers who, incidentally, are among the major contributors to the traffic congestion in the city.”
The ordinance mandates the City Planning and Development Office to identify potential areas for the purpose in districts with no satellite markets.
The Baguio City Market Authority (BCMA) which Yangot is also a member of, will be tasked to submit to the city council, a periodic report of the status of all the satellite markets operating in the city, in aide of legislation. PNA/northboundasia.com