Tuesday, April 03, 2007 Davao not affected by most corrupt tag By Grace L. Plata
THAT the country has been tagged as the most corrupt country in Asia does not have a negative impact on Davao City, City Administrator Wendel E. Avisado said.
Avisado said investments are expected to continue pouring in as investors are confident of the city's promising business climate.
"They are attracted by the potential of Davao, thus being part of the Philippines in relation to the corruption issue will not matter much,” Avisado said.
"We have a stable peace and order situation, an active emergency rescue unit in 911, infrastructure and alternative routes system amongst others -- All these have not escaped the notice of investors," Avisado added.
Avisado, however, warned Dabawenyos against trusting just about any prospective investor to ensure that they are not duped in the process.
He said locals have to be adept at reading agreements and trade barriers in order to ensure a return of investment. This can be made possible by investing in human resources.
"We have to strengthen our human resource especially on business know-how and negotiating skills, Avisado said.
In doing so, the city can be assured of dividends in exchange for its efforts to provide investors with what they need.
