POTENTIAL Chinese and Japanese investors coming to Davao City have expressed interest to invest into agriculture and manufacturing.
"Agriculture and manufacturing because these are the industry strengths in their respective countries and they are checking if these industries can also be introduced in Davao City," Lemuel Ortonio, Davao City Investment Promotion Center (DCIPC) officer-in-charge, said in a text message to SunStar Davao Thursday, February 7.
During the weekly Wednesday's at Habi at Kape at the Abreeza Mall on February 6, Ortonio said in the last three years they saw a trend where many investors are inquiring investment opportunities in the agriculture and manufacturing industry.
Ortonio added investors were inquiring if these type of industries can be established in the city which is included in the list of preferred investment area in the city. The investors also inquired about the type of agribusiness they can explore in Davao City since some of them are not familiar in the city.
"Actually daghan naga duol nga local meaning kanang within the Philippines nga mga investors who are interested also. In terms of foreign potential investors these are mostly Chinese and Japanese," Ortonio added.
He said that they also received inquiries from potential Korean investors.
However, these are still investment inquiries and have yet to be materialize.