Davao chamber of commerce sees more investors in 2012

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Thursday, December 29, 2011

THE Davao City Chamber of Commerce and Industry Inc. (DCCCII) is optimistic that more investors will be coming in to the metropolis because of its infrastructure development in the coming year.

DCCCII president Dr. Ma. Lourdes Monteverde said with a bigger allocation for infrastructure projects, other investors will see this as a positive step to invest in Davao.

This, after getting the Tourism Infrastructure Enterprise Zone Authority has allocated P157 million to further develop the tourism industry in Mindanao.


"We will be more focus on investments and incentives and we would like to look closely into the zoning ordinance of Davao," Monteverde said.

She added the zoning ordinance is essential to the tourism industry, as well as the development of infrastructures in the city.

DCCCII is bent on strengthening their advocacies; one of these is bringing in investments in the city by maintaining its competitiveness in doing business.

"Agriculture is providing the boost in trade in commerce and Turkey and Canada are coming in and is seeing potential in Davao," Monteverde said.

Next year will be the 75th founding anniversary of Davao and DCCCII is intent in leading more exciting activities for the city.

"In our 75th founding anniversary, we will be having the Davao International Film Festival in June and countries like France, Italy and Czechoslovakia and three more countries have signified their interest in participating in the event," Monteverde said.

In line with the film festival, on the first quarter of 2012, Cinematech will be launched for free and Monteverde said it will help boost the tourism industry of the city as it will be featuring the sights and sounds of the city.

Published in the Sun.Star Davao newspaper on December 30, 2011.


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