of the province's deposits. In terms of banking convenience, the city ranks as one of the most livable in the country together with Makati. Water, Electricity, and Telecommunications Most of the water supply of the city is provided for by the Cabanatuan City Water District (CCWD), founded in 1974 through a resolution enacted by the Honorable City Council of Cabanatuan City, pursuant to PD 198. In recent years, the CCWD has entered into a JVA (Joint Venture Agreement) with PrimeWater Infrastructure Corporation, a private water service provider delivering quality services in the design of water distribution systems. It continues to provide most of the city's water supply. Unlike the majority of Nueva Ecija, most of the electric services in the city are provided by the Cabanatuan Electric Corporation (CELCOR). Power generation companies like FCVC and FCRV operate a 12-8 MW diesel power plant and a 10-MW solar power plant, respectively. Major telecommunication companies like Globe Telecom, PLDT-Smart Communications, and Dito Telecommunity have also their respective infrastructures and business offices in the city. Local TV and Radio Stations, such as the city's main local channel CabTV 16 and radio broadcast channel, Big Sound FM 101.5, are also present. Automotive Industry The motor vehicle industry is a notable part of the city economy. Popular global automotive companies has established dealerships in the city's metropolitan area. Existing car/truck dealerships include Mitsubishi, Kia, Isuzu, Mazda, Ford, Nissan, Peugeot, Hyundai, Hyundai Trucks and Buses, Suzuki, and Mahindra, all in Cabanatuan; Toyota, Foton and Honda in Santa Rosa town; Chevrolet and Hino in San Leonardo town. Motorcycle dealerships are common like in most Philippine mid-sized cities. Logistics and Distribution The city is also a distribution and logistics center for goods and commodities; a number of distribution warehouses and sales offices of various companies serve the whole of Nueva Ecija and parts of neighboring provinces. The NFA warehouses in the city play an important role in regulating Nueva Ecija's burgeoning rice industry. The city acts as a trading place or bagsakan of agricultural produce from the surrounding farming communities. Indicators reflect Cabanatuan's economic achievements in the past few years. Annual business registrations in the city grew 31.7% last 2015 while locally sourced taxes grew 14.81% annually in the five years to 2015. Residential buildings and subdivisions, numbering more than a hundred, are taking up lands on the fringes of the downtown. Real Estate and Investment The presence