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Thursday, July 18, 2019
DAVAO

Davao Icon opens

DAVAO. The 5th Davao Investment Conference (Icon) theme this year is “Davao: Your Southeast Asian Investment Destination.” (Contributed photo)

FOREIGN and local businessmen will have a glimpse of the investment potentials in Davao Region as the 5th Davao Investment Conference (Icon) kicks off Thursday at the SMX Convention Center, SM Lanang, Davao City.

The theme this year is “Davao: Your Southeast Asian Investment Destination.”

DCCCII executive vice president John Carlo Tria told SunStar Davao Wednesday, June 19, that after all the preparations in the last few weeks, they are now ready to showcase the investment opportunities in the region and further boost its economy.

“We are already full blast in our preparations... We will be launching the exhibit which is open for the public and we will have the presentation of the different speakers,” Tria said

As of Wednesday, almost 400 delegates already confirmed participation. One-third of the delegates are foreign investors and entrepreneurs, including the large Chinese cloud computing company Alibaba Cloud International, Japanese manufacturing firm Packwell, Inc, and others from China, Singapore, Japan, South Korea, and Malaysia, among others.

“Some of our delegates are already here in the city. We expect walk-ins and we are ready to accommodate them,” Tria said, adding that the group started accepting walk-ins since 3 p.m. Wednesday.

Davao City Mayor Sara Duterte-Carpio will be delivering a keynote message on the first day of Davao Icon.

Among the topics that will be discussed during the investment conference include investing in Davao City by Lemuel Ortonio, officer-in-charge, Davao City Investment Promotion Center; Davao Region Investment Opportunities by Maria Lourdes Lim, director, National Economic Development Authority in Davao Region; Aboitiz Power Corporation’s COO Emmanuel Rubio will be discussing the Mindanao power outlook; Ricardo Lagdameo, vice president, Damosa Land Inc., will discuss how special economic zones are catalysts of growth; and Jettson Yu, founder and managing director of Prime Philippines, will be giving a talk on the real estate trend in Davao Region.

On the second day, foreign speakers will be giving talks on doing business in Mindanao and in Davao. Trade Secretary Ramon Lopez and Finance Secretary Carlos Dominguez will also be speaking on the second day, June 21, 2019. President Rodrigo Duterte is also expected to deliver a keynote message.

The event aims to encourage investments in the region in the different sectors like tourism, infrastructure, real estate, information and communication technology (ICT), and Halal trade and tourism.

The event is in cooperation of the European Chamber of Commerce in the Philippines, Inc., American Chamber of Commerce of the Philippines, Inc., Japanese Chamber of Commerce in Mindanao, and the Canadian Chamber of Commerce of the Philippines, Inc.

It was also supported by the local government unit of Davao, Davao City Investment Promotion Center, the Mindanao Development Authority, the Department of Trade and Industry-Davao and the Department of Tourism-Davao. (LHC)


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