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Monday, November 28, 2005
'Invest in Sarangani Project' launched
ALABEL, Sarangani -- The Provincial Government last week opened a two-day "Invest in Sarangani Project."
The project aimed at attracting investors for plantation agriculture, fruit processing, aquaculture and tourism, officials said.
It includes visits to tourism, industries, and project sites on November 26 followed by a business forum at Isla Parilla Resort in Alabel.
"We are inviting local investors as well as from Manila and other countries," said Nenita Barroso, provincial director of the Department of Trade and Industry (DTI).
"We are promoting plantation agriculture, processing, and tourism because these are what we can be proud of here in Sarangani," she said.
Sarangani Governor Miguel Dominguez said the Provincial Government would "highlight competitive advantages especially in agriculture."
"We expect to generate more exposure to the private sector, encourage partnerships and investments in further promoting growth and development in the whole province," added Dominguez.
"Invest in Sarangani Project" expects to generate at least P20 million in fresh investments within the next six months, said Romy Martin, trade and industry development specialist of DTI.
"The project is a focused approach on investment promotion," added Martin.
Martin disclosed that around 15 prospective investors from Davao City and Manila had already confirmed their attendance.
"We have seen good signs in property development," Martin said.
He added that a new investor has embarked on "development planning" in Barangay Baluntay, Alabel. (Press release)
(November 28, 2005 issue)
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