Poverty incidence of Alegria Source: Philippine Statistics Authority[10][11][12][13][14][15][16][17] The formal extraction of oil and gas reserves from the Alegria Oil Field Polyard-3 Well in Barangay Montpeller would generate numerous job opportunities and income for residents, neighboring towns and the entire Cebu province.

[18] Extracted oil will be sold to power plants at US$70 per barrel with a current production of 200 to 300 barrels per day, as told by Country Manager Edgar Benedict Cutiongco of China International Mining and Petroleum Company Inc. (CIMP), the service contractor of the oil extraction project.

The municipality of Alegria launched the Kawayan Festival on 2 December 2006, in time for the annual town fiesta.

There is also a plan to develop Alegria as the "Organic Vegetable Basket" in Cebu and in the Visayas region by its mayor, Verna Magallon.

However, qualified voters in Mandaue are allowed to vote in elections for Cebu provincial officials by virtue of Republic Act No.