Thursday, April 12, 2007 CCCI to promote Cebu in Sokor
FORESEEING a huge potential for trade and investment in South Korea, the Cebu Chamber of Commerce and Industry (CCCI) has formed a business council aimed at fostering trade relationships with the Asian country.
The South Korea Business Council, which is one of the councils organized by CCCI, will conduct a trade mission this October to build long-term business relations with the South Korea Chamber.
It is also geared towards strengthening partnerships and trade cooperation with South Korea and the other cities of the country.
The new council is also planning to have a solid “sister pact” between the two chambers to have continuity of partnership and to establish networks.
In line with this new development, Chito Recamadas of Intellicare and the South Korea Business Council head is encouraging other chamber members to participate in the upcoming trade mission.
Support
The first meeting to gather membership was held last April 3.
So far, 19 chamber members have committed to support the council.
The organization of the council is part of CCCI’s effort to strengthen international linkages organized by the chamber’s Business Development and Management Services Division (BDMSD), which is co-headed by Edward Gaisano.
According to CCCI’s latest record, the members who expressed commitment to support the council are Recamadas and JM Gellez of Intellicare, Glenn Steven Winter of Aroglad Pacific International. Corp., Fred McCaughey of Aroglad Pacific International. Corp., Christina Lo of Coast Pacific and Ramon Clavano of Jose Clavano Inc.
Participants
The list also includes Tim Olarte of the Development Bank of the Philippines (DBP), Manuel Granada of Fast Cargo Logistics, Elsie Fe Tagupa of Landbank, Jason Arquillano of Meddah Spa, Rowena Togeno of Nautilus International Trading, Gina Ang of Virginia Foods Inc., Jocobit Roma of Ingram Systems Phil. Corp., Delfin Ordonez of the Korean Consulate, Kristian Nollon of PCM Express System Inc. and Santiago Tanchan of Multifarms Agro Ind. Development.
The BDMSD had been organizing different business councils that cater to the needs of its members, specifically in handling trade missions.
CCCI president Francis Monera earlier said there’s “much to gain” from the growing number of Koreans who come to Cebu.
Cebu’s burgeoning economic climate, he added, has much to offer to the South Korean market.
Department of Tourism 7 data revealed that Koreans continue to be Cebu’s top visitors, registering a 13 percent growth in 2006 compared with the previous year.
They account for 34.82 percent of the total tourist arrivals in the province.
The volume of Korean arrivals to Cebu has grown from 146,289 to 165,309 last year.
They are considered the fastest growing market in the country’s tourism industry. (MMM)
