Land use bill to put national development in order â€” CREBA
MANILA, Philippines – The countryâ€™s largest organization of key real estate industry players is pinning its hope on a pending national land use bill to put the countryâ€™s economic and physical development in order.
The National Land Use Act (NLUA) being supported by the Chamber of Real Estate and Buildersâ€™ Associations Inc. (CREBA) which is pending in both houses of Congress will set the framework for land use planning involving four major categories of land uses â€“ protection, production, settlements, and infrastructure.
â€œA national land use plan has long been needed by this country. And if done correctly, it shall be a key policy reference for all local comprehensive land use and development plans in all sectors, including commercial, industrial, housing, and real estate,â€ said CREBA national chairman Charlie A. V. Gorayeb.
However, Gorayeb said the NLUA bill should be made to adapt to current laws that had already been used by the business community for important investment decisions and made the basis of projects now under way. Gorayeb was referring to laws such as RA 7279, or the Urban Development and Housing Act of 1992, covering all lands in urban and urbanizable areas; PD 399 limiting the use of strip lands; and RA 7160, or the Local Government Code of 1991, empowering local government units (LGUs) to reclassify agricultural lands deemed by the Department of Agrarian Reform as no longer economically feasible for agricultural use, or appraised by the LGU to gain greater economic value in other purposes.
â€œThe NLUA bill must also resolve the uncertainty as to where and what exactly is the extent of the â€˜protected landsâ€™ that are banned from conversion,â€ Gorayeb said.