(UPDATED WITH CORRECTIONS) AMID the challenges brought about by Covid-19 pandemic and natural calamities, a top executive of Ayala Corp. said the conglomerate is ready to be a partner with local businesses in their recovery path.

“We the Ayala Group stand ready to be your partner (MCCI) as we navigate the great reset. The great reset has forced us to rethink, how we do business, prompting us to focus on new priorities as we continue to navigate major headwinds and find ways to transfer them into opportunities,” Jaime Alfonso Zobel de Ayala, business development head of Ayala Corporation, told delegates and participants of the Mandaue Business Summit 2022, organized by Mandaue Chamber of Commerce and Industry (MCCI) at the Marco Polo Plaza Cebu on Wednesday, August 18.

Zobel de Ayala noted the importance of collaboration between the private sector and the government in the last two years in battling the health and economic crisis.

He added that the partnership of the government and the private sector in responding to the Covid-19 pandemic brought in steady recovery of the country’s economy.

As MCCI celebrates Mandaue Business Month 2022, Zobel de Ayala expressed his gratitude to the chamber’s initiative to help local industries and entrepreneurs.

He regarded Mandaue City as an important area and a dynamic location for the Ayala Group, citing the ongoing development of the Gatewalk Central, a 17.5 hectare mixed-used project in partnership with the Aboitiz Group.

The Ayalas envision Gatewalk Central to become the representative of Mandaue City’s spirit of innovation, vibrancy, and true example of collaboration for inclusive development.

“As a strong commitment of the Ayala Group to Mandaue, we remain excited with the development of Gatewalk Central,” Zobel de Ayala said.

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[CORRECTION: The Ayala Corp. executive who gave the message during the MCCI event was Jaime Alfonso Zobel de Ayala, the business development head of Ayala Corporation, not the chairman Jaime Augusto Zobel de Ayala, who is also known by his initials as JAZA, as earlier reported. Our apologies for the mistake.]