Top execs from Asia and Europe to participate in Davao’s Investment Conference

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DAVAO CITY (MindaNews / 09 July)– Top executives from Asia and Europe will participate in the two-day Investment Conference (iCon) on July 21 to 22, 2017 at the SMX Convention Center Davao.

Arturo Milan, chair of the Davao iCon 2017 and trustee of the Davao City Chamber of Commerce and Industry Inc. (DCCCII), said the Office of the President has committed to bring in 30 to 40 big Chinese investors to the two-day gathering.

Aside from Chinese businessmen, he said there will be 24 Indonesian and 15 Japanese investors who have already confirmed attendance and signified interest to participate in the possible business matching with some local business players in the Davao Region.

One of the prominent business personalities who will keynote this year’s Davao iCon will be AirAsia Group chief executive officer Anthony Francis “Tony” Fernandes who will speak about the “Air Linkages: Davao from a growing number of destination.”

Milan added that this year’s investment conference will focus on infrastructure and connectivity, agriculture, tourism, and manufacturing.

President Rodrigo R. Duterte will also grace the opening day of the two-day gathering where 200 business executives have so far confirmed to join. But he said they are expecting about 700 participants.

Some of Duterte’s economic managers will also be present, including, among others. Finance secretary Carlos G. Dominguez, Transportation secretary Arthur Tugade, and Trade secretary Ramon Lopez.

Davao iCon program committee chair Jon Trias added this is the first time ever that such a huge number of top executives in the country have confirmed weeks ahead of the event and despite the declaration of martial due to the ongoing clashes between government forces and Islamic State-inspired Maute Group.

Milan said British Chamber of Commerce and European Union Chamber of Commerce will send delegation to the conference.

Among the country’s top companies who will participate include San Miguel Corp., Lafarge Holcim, AboitizPower, MVP Group of Companies, BDO, Landbank of the Philippines, Development Bank of the Philippines, Security Bank, Metrobank, Globe Telecommunications, Anflocor, and 8990 Housing Development Corp.

“We open this (Davao) up to foreign delegates as well. Why invest in Davao because Davao is open for business. We have rich natural resources, we have a a very favorable climate here compared to the rest of the country,” he said.

He said that this is the best time to invite more investors to come to the region since Mindanao already has a stable power supply unlike in the previous year. (Antonio L. Colina IV / MindaNews)

 

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