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| Atty. Franklin Quijano, president of PHIVIDEC Industrial Authority. (PNA file photo by Che Palicte) |
DAVAO CITY--The Philippine Industrial Summit in Cagayan de Oro City on
Nov. 26-27 is expected to provide more exposure for economic zones in Mindanao,
an official said on Monday.
Lawyer Franklin Quijano, president of PHIVIDEC Industrial Authority
(PIA), said the summit seeks to entice more investors to look for potential
business ventures in the island.
Quijano said the summit is also a good venue to tell investors that the
existing martial law (ML) has no effect on Mindanao's trade potentials, adding
some businesses in the island are even expanding.
He said the summit will focus on the state of industrialization in the
country, and the government's initiatives to raise the economy.
"There is a need for the industrial key players to convene and
make the Philippines an industrialized country," he said, referring to the
upcoming summit.
The PHIVIDEC chief underscored the need for an "industrial
revolution that will set the nation forward on a global economic
platform."
He said the summit promises to be a "gathering of champions and
tycoons from various industries, as well as leaders from private and public
sectors, government agencies, and policymakers."
It is also expected to maximize collaboration and meaningful linkages
among champions of industries, private sectors, government agencies, policy
makers, general public and media practitioners, he said.
The summit is organized by PIE-MO Industries Association Inc. in
partnership with PHIVIDEC Industrial Authority.
PIA is a government-owned and controlled corporation responsible for
industrial estate development throughout the Philippines.
PHIVIDEC Industrial Estate in Misamis Oriental (PIE-MO) is a
3,000-hectare Special Economic Zone that encompasses 13 barangays within the
municipalities of Tagoloan and Villanueva. (PNA / By Che Palicte )
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