Thursday , April 26, 2018

International spotlight to spur investments in Davao

A SPUR in investments is seen to continue to take place in Davao City brought about the recent international spotlight, the Davao City Chamber of Commerce and Industry Inc. (DCCCII) said.

In an interview with the DCCCII president Ronald Go after the launching of the 50th Association of Southeast Asian Nations Summit, he shared how the chamber is excited and hopeful of the investments that are expected to come to Davao City after the summit launching, the visit of Japanese Prime Minister Shinzo Abe, and the arrival of Miss Universe candidates within the week.

“It really shines more light to Davao City especially that our president is from here. We’re hoping that this gains more interest for the businessmen especially foreign businessmen. Things are getting exciting not only for the investment but mostly for tourism. The Davao chamber, especially the members, are encouraged to really gear up and prepare for all of these developments,” Go said.

With close coordination between the government and the private business sectors, Go hopes that things will continue to go well for the city.

He also added the Japanese and Chinese investors are among the many foreign investors that had already confirmed interest in investing in Davao City after their countries had been visited by President Rodrigo-Roa Duterte.

“Right now its [investments] more related towards tourism. People want to see what Davao is all about, the legacy left by our former mayor, and how he made Davao so successful, as one of the safest cities and one of the most peaceful cities here,” said Go.

He also expects that after people have seen what the city can offer for tourism, they will also see what the city has for possible investments as well. Locators, he said, can very well find what they can probably do with manufacturing in Davao City.

This year, DCCCII looks forward for the annual Davao Agri-Pinoy Trade Expo where there will be a lot of foreign and local businessmen from other parts of the Philippines that can be encouraged to take more interest in Davao and invest.

He added the chamber also looks into other business conferences in the future to be held this year.

“We feel like we have to take advantage of the fact that our president is a Dabawenyo. We have to move as quickly as possible,” Go said.