Investment gab set here, September 19

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Monday, August 25, 2014


SOME 150 delegates are expected to join the first Southern Mindanao Growth Corridor Investment Forum (SMGCIF), set on September 19 at Marco Polo Hotel Davao.

The forum, according to Philip Dizon, president of American Chamber of Commerce (AmCham) Davao, aims to present the business opportunities in Southern Mindanao to potential investors.

Dizon said the non inclusion of Southern Mindanao in the "greener screen" of industrialists, has been a problem besetting the area.

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"Because the general perception of Mindanao is troubled island. Here (at the forum) we are to tell them that we are the no-trouble part of the island having all those positive elements such as the young population, infrastructure and as a matter of fact, Davao is considered to have the most matured infrastructure system in terms of competitiveness," he said.

There will also be "business matching" or introduction of potential investors to a network of individuals and companies that can provide them assistance during the event.

Another issue that the Joint Foreign Chamber members, particularly the AmCham-Davao and Manila, the Japanese Chamber of Commerce Mindanao (JMMC) and the Canadian Chamber of Commerce Philippines (CCCP), had discussed was the travel advisory of the United States in Mindanao.

Ebb Hinchcliffe, executive director of AmCham-Manila, said they are asking the US government to exclude Southern Mindanao in their travel advisories.
"I totally disagree with that travel advisories for Cagayan de Oro and of course Davao, I think that Davao is much safer than Los Angeles," Hinchcliffe said.

Keisuke Nakao, president of JCCM, also said that it is hard for them to bring their partners in Mindanao because of the travel advisories.

Published in the Sun.Star Davao newspaper on August 26, 2014.

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