QUEZON CITY mayoral candidate Mike Defensor is eyeing for the establishment of a Central Business District (CBD) to further boost trade and commerce in the city. Defensor said the local government has sufficient funds to finance the establishment of CBD which can be achieved through careful planning and proper implementation. "Quezon City needs this kind of a project so that our people will truly feel progress," Defensor said. According to Defensor, he is prepared to talk with community leaders and businessmen as to the benefits the people and investors would get from the CBD. Defensor plans to make Quezon City as the prime destination of investments in the country. "The time has come for us to urge investors to consider Quezon City as the home for their businesses aside from Makati, Mandaluyong, Taguig and Manila," Defensor said. Meanwhile, Defensor vowed to step up the city's peace and order campaign and put an end to the menacing traffic problem. In a speaking engagement, Defensor said he will also come up with an effective management program on waste disposal, permits processing and other primary services of the local government. He also assured there will no new taxes on business and properties. Instead, he said his administration will provide incentives in the form of tax breaks and free permits to local and foreign investors that will enter the CBD. In exchange, investors have to hire employees from the city, Defensor said adding that the scheme would somehow help in providing jobs for city residents.