Tuesday August 21, 2018

New CCCI chapter in Balamban

THE Cebu Chamber of Commerce and Industry (CCCI) is continuing efforts in living up to its second thrust, which is to represent business by closely working with the government to improve competitiveness, sustainability, and prosperity.

Last May 23, the local government of Balamban invited CCCI to explain the importance of creating a chapter in their municipality during a business forum held in the town hall.

Balamban Mayor Ace Stefan Binghay asked for assistance in forming a chamber chapter in his municipality. CCCI vice president for membership development Felix Taguiam, executive director May Elizabeth Ybañez, and membership development head Joy Lorena Segismar attended the forum.

From being a fourth-class municipality, Balamban progressed into a first-class class municipality based on income.

One major contributor to its economic growth is the shipbuilding industry, which was established in 1994 and has catapulted Balamban to become the shipbuilding capital in the Philippines. Effects include the rise in population, opening of job opportunities, construction of new commercial buildings and increasing number of business establishments, labor migration into the town, and improved revenue collection.

The creation of CCCI chapters in strategic locations of Cebu began in 2014 in Bantayan Island after super typhoon Yolanda, where the chapter was formed and focused primarily on the rehabilitation of the main economic drivers in the island: tourism, fishery, and poultry industries. In 2015, CCCI-City of Naga Chapter was formed, and in 2016, the CCCI-Danao City Chapter. This year, another chapter is set to be added to the list, the CCCI-Balamban Chapter. (PR)