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Tuesday, January 5, 2010

Businessman bats for promotion of Davao City as Southern Mindanao industrial hub

City losing out to Panabo, Tagum in luring investors in manufacturing
Davao City needs a stronger promotion as Southern Mindanao’s industrial hub even as it remains a favorite destination for investors.

The Davao City Investment Promotions Center (DCIPC) in a year-end report said about P5.9 billion had been invested in the city in 2009 mostly on tourism and property development.

There is one aspect in the promotions that has been left out, said businessman Angelo Aportadera from the city’s industrialized zone of the Second District.

Aportadera, who is taking a crack at a seat at the Davao City Council in the coming May elections, said while Davao City has a strong agricultural base and a booming industry in real estate development and tourism, its potential as Southern Mindanao’s industrial center must also be fully exploited.

We need massive promotion as an industrial center, he said, noting the number of manufacturing plants in the Second District has been in the doldrums for years.

The Second District has all the amenities for manufacturing industries to thrive, said Aportadera who is running under the council slate of mayoral aspirant Speaker Prospero Nograles.

Aportadera said he would focus on promoting his district to lure manufacturers if given a chance to make it in the coming polls.

We have an international standard government port in Sasa Wharf and several private wharves that are key factors in luring investors, he said. “Add to this, we have a large workforce that could respond to needs for manpower for new investors.” He noted that the district is now home to a booming socialized housing industry where residents could be tapped as source of manpower for new industries.

Aportadera said without massive promotion, Davao City could lose to Tagum City and Panabo City in luring new manufacturing investments sourcing their products in provinces in Southern Mindanao. (APOnews)


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