|
Thursday, May 20, 2004
DCIPC achieves half of annual target in 4 months
DAVAO City Investment and Promotion Center (DCIPC) has benefited from the peaceful atmosphere, hitting half of its target in only four months. Its investment target for 2004 is P1.2 billion even before the start of the election fever this year.
DCIPC chair Engr. Roberto Teo said Davao City Mayor Rodrigo Duterte never let his guards down to maintain peace and order and make investors continue to come to Davao City.
He also said that election was never a threat to the investment prospects of the city even though some businessmen posed a "wait-and-see" attitude as their decision will depend on the outcome of the election.
There were investors that locate to the city even before the election where some P130 million worth of investments consisting of two projects were closed in April 2004.
"These are the oil depot facility at the Sasa port worth P127 million and a property development with P3 million investment, he said.
"We hit half of our P1.2 billion target this year as total investments as of April already reached P566 million and I am optimistic that our 2004 investments will be more than what we targeted this year," he said.
Teo also said that with the fresh mandate given by the people to the leaders of the city, both the investment center and business bureau will double its efforts to satisfy the demand of their clients.
He said the launching of one-stop-shop for processing business permits was in response to the requests of the clients.
He also said that other non-essential requirements in processing of permits were omitted so processing could be shortened.
"We need to improve our services and we will not stop introducing new innovation to our system," he stressed.
(May 20, 2004 issue)
Write letter to the editor.Click here.
Join the Sun.Star message board.Click here. |
|
[return to top]
[home]
[network page]
|
LOCAL NEWS
BUSINESS
OPINION
SPORTS
LIFESTYLE
FEATURE
SUPERBALITA
WEEKEND
|
