This is a good news to us Filipinos specially for Cavitenios who are seeking for job (or for more greener pasture).According to this blog post from Good News Pilipinas;
Mall developer and operator SM Prime Holdings will open three more malls this year and expand two existing ones which will create about 6,000 jobs.This just means that many more jobs will be opened and created for us, thus decreasing the percentage of unemployment.
Despite the tough business environment caused by the global economic crisis, SM Prime will open this year SM City Naga in Camarines Sur, SM City Rosario in Cavite and SM City Pamplona in Las Piñas City. It will also open the Sky Garden at the newly expanded SM City North Edsa and will expand SM City Rosales in Pangasinan.
“By the end of the year, SM Prime will have 36 malls nationwide and three malls in China, with an estimated gross floor area of 4.9 million square meters,” SMIC said.
In the local malls, at least 6,000 jobs will be created for sales ladies, salesmen, cashiers, product promoters, waiters, janitors and the list goes on.
Despite the deepening economic crisis, the company’s mall expansion program this year is even faster than the 9-percent expansion it implemented last year when it added only 353,000 square meters to its total selling space.
The expansion plan is part of the company’s thrust of opening smaller malls in more geographic locations nationwide, and creating more jobs for the Filipino people.
Last year, SM Prime opened SM City Marikina, SM City Baliwag and the SM Supercenter Rosales, while it expanded The Annex in SM City North Edsa—making it the third-biggest mall in the world—and The Atrium in SM Megamall.
SM Prime operates 33 malls around the country as well as three malls in Xiamen, Jinjiang and Chengdu, China.
At the same time, SMIC added that its supermarket unit was planning to add 16 more outlets and five “hypermarkets” in 2009 as part of its expansion plan.
This pace is faster than that set in 2008 which saw SM supermarkets open in Edsa Pasay, Parkmall Cebu, Nagtahan, Marikina, Tanay, North Edsa 2 and Cubao, in addition to two hypermarkets.