Over the past years, the city of Tuguegarao experienced good progress that its commercial district can't accommodate the increase in the number of business establishments anymore. Adjacent barangays of the Centros like Ugac Sur and Norte, Carig, Leonarda, Pengue, Tanza and most notably Buntun as a result became the next destination for entities looking for suitable locations for their businesses.
Among those mentioned, perhaps it is Buntun which has the greatest potential to become the city's next commercial and trade center. Right now, various establishments have risen along the national highway and is expected to increase even more as the economy of Tuguegarao and the rest of the third district of Cagayan grows.
Being the most proximate barangay to a huge market that includes people from Solana(with a population of 80, 000 people), Enrile, Tuao, Piat, Sta. Maria in Isabela and even some towns in Kalinga, putting up a business in Buntun would be a great idea because people from the aforementioned places would prefer to have their transactions in a place near them instead of going to the already crowded Centros of Tuguegarao. People have began to realize that it is more convenient and more cost - effective because they would only have to spend a smaller amount for the transportation. From supermarkets to hardwares and supplies stores, almost everything could already be found in the barangay. Aside from that, what makes people frequent Buntun is the presence of the state - of - the - art Saint Paul Medical Center, arguably the biggest and most modernized medical institution in Region 02.
Another reason why Buntun can be considered as Tuguegarao's next commercial center is that the city government of Tuguegarao actually has concrete plans to transform the barangay into it. The plan has been drawn up and hopefully it pushes through. The master plan features the conversion of a huge chunk of prime lot into an highly urbanized area where it would be divided strategically into residential, medical, governmental,educational, commercial and recreational areas.
With the economic growth of Buntun and the action of the government to complement it, Buntun definitely has a great chance to be the next destination for businesses in Tuguegarao.
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