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Sunday, May 26, 2019
DAVAO

Infrastructure projects attract more investors

DAVAO. Davao City Chamber of Commerce and Industry, Inc. (DCCCII) executive vice president John Carlo Tria said major infrastructure projects in the city have been attracting investors. (Photo by Lyka Casamayor)

THE Davao City Chamber of Commerce and Industry, Inc. (DCCCII) said major infrastructure projects in the city have been attracting more investors.

During Habi at Kape media forum Wednesday, April 10, DCCCII executive vice president John Carlo Tria said among the major developments that the investors found attractive are the railway, new and wider roads, improvements on the port, and the possible expansion of the airports.

“These major infrastructures can lower their cost of doing business,” Tria said, citing investors who will need to ship and will probably choose a location where ports are accessible.

In the upcoming 2019 Davao Investment Conference or Davao ICON 2019 on June 20-21 at the SMX Convention Center in SM Lanang Premier, the chamber targets more investors than last year’s run as they position the city as a Southeast Asian investment destination.

Tria said that in 2017, the Davao Icon event was pursued despite Martial Law in Mindanao. The said event had more than 800 local and foreign delegates that showed that many people were curious about the city, said Tria.

This year, DCCCII is positive that they will have around 1,000 delegates during the event that sees the city as an investment destination.

“We are about half-prepared now, but we still have two months to go. So we are just finalizing the speakers and we are done marketing the event. We have a lot of investors already showing interest,” Tria said.


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