Improving infrastructure boosts Laguna's potential growth

As part of Southern Luzon, Laguna is considered a major center of growth, emerging not only as an economic and industrial hub but also as a rising destination for master-planned communities.

- By CATHERINE TALAVERA

Major developers have taken notice of Laguna's potential for further growth, as seen in the establishment of various integrated communities in recent years.

One of Laguna's main draws is its growing economy. The Philippine Statistics Authority (PSA) earlier reported that Laguna became the first province to exceed the P1-trillion mark in terms of economic contribution in 2023, generating an economic value of P1.03 trillion. Laguna sustained its record as the largest economy among the 82 provinces with a 4.9 percent share in terms of share to the national gross domestic product (GDP).

IMPROVING INFRASTRUCTURE