Investments continue amid terror threats

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Thursday, July 3, 2014


INVESTMENTS will continue to flow in Davao City amid the recent terror threats that are boggling several business communities in Mindanao.

"The demands of the market will always be answered by the businessmen. People would not simply stop working or investing simply because there are news of a terror threat," said Ivan C. Cortez, Davao City Investment Promotion Center (DCIPC) officer-in-charge, in an interview with Sun.Star Davao on Tuesday.

He pointed out that it is important for business establishments and investors to be vigilant with the surroundings and cooperate with the authorities.

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Cortez said the threats are "nothing new" and the city like Davao will always have one.

Cortez expressed optimism on the leadership of Mayor Rodrigo R. Duterte that any threats of terrorism can be thwarted and that peace and order is maintained.

"Through his leadership, Mayor Rody will always be on top of everything," he said.

Earlier, Davao City Mayor Rodrigo R. Duterte raised the terror alert in Davao City after President Benigno S. Aquino cautioned him of terror threats in the city based on "raw information" that was passed on to him.

Duterte immediately ordered the local authorities to "keep the city safe and peaceful."

He called for a command conference recently and ordered authorities to intensify security measures in the city.

Published in the Sun.Star Davao newspaper on July 03, 2014.

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