This post just show collapsed building at the cities in Southern Philippines which experienced magnitude 7.8 tremors recently. Many have been injured many have died.
We had a project in Polomolok, a municipality 15 km from Gen San and we could have gone on investment spree at neighboring towns which now are very progressive.
But the recent earthquake may have pushed back progress by a couple of decades. Maybe reconstruction will be quick. The earthquakes have been strick building inspectors. And clearly many have subscribed to lower magnitude of earthquake, or enforcement have not been up to par.
This post avoided investmentments in
1. Tagaytay (near Taal volcano)
2. Baguio (Punongbayan said that a lot of geological changes will take place in Baguio
3 Pampanga and Zambales (due to PInatubo)
4. Bulacan (it is sinking)
Is this post being ultraconservative or is this wise risk management?
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