EASE of doing business in Davao City is expected to improve with the new Davao City Investment and Tourism building along Palma Gil St. targeted to be completed by the later part of 2018.
Last Tuesday, December 12, a groundbreaking ceremony was held to mark construction of the 4-story building that would house both the Davao City Investment and Promotion Center (DCIPC) and the City Tourism Operations Office (CTOO). The construction for the entire building was allocated with P50 million.
“Our services offered in DCIPC will be much more accessible to our potential investors. The mandate of both DCIPC and CTOO is to promote the city. The only difference is that we are into the investment and they are into the tourism sector. With this new building, the coordination and communication between these two offices will be easier and accessible and more efficient because we are located in one building,” said DCIPC head Lemuel Ortonio.
“Investment and tourism go hand-in-hand for both are integral drivers that push the economy forward with both being among the key priority areas of the city government. With the increasing attention that Davao City is receiving these recent times, comes increase in investment opportunities as well as tourist arrivals and tourist opportunities…I hope this bigger, more spacious area will inspire you to continue accommodate clients, prospective investors, and guests to the best of your abilities and provide improved services,” said Mayor Sara Duterte-Carpio in a statement read by city council tourism committee chair Al Ryan Alejandre.
Apart from DCIPC and CTOO, the new Davao City Investment and Tourism building will also house the Negosyo Center, which is located at the current DCIPC office at Magsaysay Park. This is the first Negosyo Center in Davao City. The office of the Optical Media Board will also be housed in the new building.
Ortonio said they target to move to the new building by the last quarter of 2018.