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Wednesday, April 24, 2019

Chinese eye investments in San Fernando

PAMPANGA. Mayor Edwin Santiago joins members of the Chinese Entrepreneur Development Federation, led by its Chairman Feng Chuan Jian, during their visit to the City of San Fernando to learn more about its business potentials and share their intent to invest in Pampanga’s capital city. (CSF-CIO)

CITY OF SAN FERNANDO -- A group of Chinese traders are planning to pour in investments in this city, said Mayor Edwin Santiago.

The Chinese Entrepreneur Development Federation, led by its chairman Feng Chuan Jian, visited the City of San Fernando to learn more about its business potentials and share their intent to invest in Pampanga’s capital city.

The visit was initiated through the efforts of Yatai International Group of Companies chaired by David Yang Hua Hong.

“During their visit, the City Government presented to our prospective Chinese investors San Fernando’s comprehensive development plan. Of course, their plan to invest here is a welcome development to Fernandinos as this will generate employment, livelihood and boost economic activities in the city,” Santiago said.

He told SunStar Pampanga that there are still many areas where the Chinese investors could tap.

“We still have areas like Barangay Pandaras which is actually strategically located south as it is near the North Luzon Expressway. Then there is Barangay San Felipe which is now ripe and ready for investments. We have other sites like the light industrial zone in Del Rosario and the agro-industrial site in Dela Paz Norte,” added Santiago.

The mayor stressed however, that investments to be made by the Chinese should conform to laws and not detrimental to the environment.

“It is a testament that San Fernando is indeed business friendly and an investors haven but we must make sure also that it is in accordance with existing laws and will not affect the environment or the culture of the city,” he said. (JTD)


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