Cebu’s real estate industry has called on newly elected local government officials to fulfill their campaign promises and address longstanding governance issues, as pressure mounts for reforms to drive economic growth.
Anthony O. Leuterio, president of A Better Real Estate Philippines (ABREP) and founder of Filipino Homes, said public expectations are rising for meaningful outcomes following the recent elections.
Leuterio urged local leaders to focus on systemic reforms such as universal healthcare and shift away from short-term financial aid programs like “ayuda” toward more sustainable economic initiatives. He also proposed the formation of an entrepreneurship committee to support small businesses and startups through training and access to capital.
He said stronger collaboration between the private sector and the government is necessary to create jobs and facilitate economic expansion. Leuterio also called for improved coordination between Cebu City and the Province to align development efforts.
In addition, Leuterio voiced support for the P20 rice subsidy program as a way to ease food insecurity among low-income families.
He highlighted tourism as a key area for investment, describing it as an underused national resource. Leuterio said enhanced promotional campaigns could help the Philippines generate revenues comparable to regional tourism leaders like Thailand and Vietnam.
His comments reflect growing demand from the business sector for newly installed officials to prioritize inclusive economic policies and strengthen the country’s competitiveness in the region.
CebuBusinessNews.ph