THE Mandaue Chamber of Commerce and Industry (MCCI) has inked a sisterhood agreement with Camarines Sur Chamber of Commerce and Industry Inc. to boost provincial economic linkages.
According to the agreement signed Tuesday at the Oakridge Horizons, both chambers will undertake mutual cooperation to strengthen business and economic growth of micro, small, and medium enterprises in their respective jurisdictions.
Both will also undertake investment and trade promotions to create an ideal economic climate for businesses, as well as exchange social and cultural activities that are of distinct appreciation to both chambers.
Both chambers agreed to provide relief and assistance in times of calamity and disaster that may occur in each other’s constituencies.
The CamSur business delegation was headed by chamber president Raymond Concepcion. MCCI on the other hand was represented by its president Glenn Anthony Soco.
“Mandaue as an industrial hub can be complemented by CamSur’s agriculture and tourism-based industries. The sisterhood ties also open access to market on the part of CamSur and access to raw materials on the part of Mandaue,” said Concepcion.
Soco, for his part, said the chamber’s fostering ties with Camarines Sur is their way of establishing a close relationships with other chambers to enhance business relations and good will.
“We want to promote Mandaue City and Cebu to the rest of the country and in the global community,” said Soco.
Camarines Sur is the largest among the six provinces in the Bicol Region, both in population and land area.
Its economy is mostly agriculture-based. Out of the 35 towns, 29 are mainly agricultural, producing rice, corn, feedmeal, freshwater fish, livestock, coconut, sugar, abacá, and water-lily.
Handicrafts are the major source of rural income, as well as forestry and papermaking. The manufacture of abacá products such as Manila hemp, hats, bags, mats and slippers as also other sources of income in the rural areas, as well as fishing and tourism.