Butuan City bullish on Mindanao business conference
Butuan City eagerly anticipates the upcoming 21st Mindanao Business Conference as the city sees it as a means by which to draw attention to the investment potential of the city and its surrounding area.
The 21st Mindanao Business Conference, which will be held from Aug. 2 to 4 in Butuan City, is expected to draw 300 participants, including senior business leaders, members of chambers of commerce, government policymakers, investors and foreign trading partners.
The conference is the main multi-sectoral platform for fostering competitiveness and accelerating growth in Mindanao.
“This is a good time for public-private investment. We are finalizing build-operate-transfer schemes for upgrading the ports in Nasipit and Masao, and have worked with the Department of Environment and Natural Resources, other government agencies and the local private sector to open up 10,000 hectares of land for development,” said Butuan City Mayor Ferdinand Amante Jr. in a statement.
Butuan City is considered the gateway to the resource-rich Caraga region of Northern Mindanao.
Amante also cited several on-going business developments in Butuan, including the construction of a mall and 150-room hotel by a nationwide chain, as well as a golf course.
In addition to its tourism and mining industries, the Caraga region also has strong competitive advantages in agriculture.
“We are looking forward to hosting this event and drawing attention to investment in Butuan City and surrounding provinces,” said the mayor.
The 21st Mindanao Business Conference was organized by the Philippine Chamber of Commerce and Industry, with support from the Mindanao Development Authority and the U.S. Agency for International Development through its Growth with Equity in Mindanao Program.
The Mindanao business community is expected to present their business policy agenda to President Benigno Aquino III during conference.
The agenda contains Mindanao businessmen’s recommendations on how to improve the economy and business climate in Mindanao as well as how to address the most pressing economic policy concerns in the region. — DVM, GMA News
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