DAVAO CITY — The first-ever Mati City Investment Conference (iCon) is seen to generate at least P500 million worth of new investments from at least 150 potential investors, industry leaders, government officials, and other stakeholders.
The much-awaited convention dubbed as the “Make It Mati iCon”, event which is scheduled on October 26 at Honey’s Hotel here, is expected to showcase the potentials of the city to encourage more investors to come in given the city’s vast investment potential.
The conference is in collaboration with Department of Trade and Industry (DTI) Davao Oriental provincial office and the city government of Mati is among the highlights of this year’s Sambuokan Festival.
The theme, “Investment Opportunities in a Changing Business Landscape”, it is aimed at increasing investments in the tourism, agri-based (coconut, cacao, coffee), poultry, and fishing industries, as well as, in bamboo production and manufacturing.
DTI-Davao Oriental officer-in-charge and acting provincial director Art A. Hermoso thanked the city governmetn of Mati for supporting the endeavor as both benefits from the parnership.
Hermoso revealed that the Make It Mati iCon will be filled with events such as exhibits of goods and products from the different towns of the province.
Parallel meetings and conferences among stakeholders will also be held involving stakeholders from the coffee and cacao indstry.
Hermoso encouraged local business groups and investors to join the iCon and see for themselves the opportunities they can take advantage of. Among the speakers are from multinational companies, some of which are already operating in the province, and relevant government agencies.
“The conduct of the iCon is aimed at increasing investments not only within the city but also in the entire province. We have a lot of investment potential and opportunities here which we will present on the said day. This will also be a venue for the business sector to assess their strategies to cope with the impact of the COVID-19 pandemic,” Hermoso noted.“Moreover, the introduction of new investment trends will reignite their passion in business will soon create more industries in the city, and will eventually help the economy to bounce back from the predicament of the global health crisis.”
Apart from these side events, a mobile application that will further put the city on the investments map will also be launched. The Mati App was developed by the Mati City LGU.
“We are very optimistic that this event will eventually open up new investment opportunities for local and foreign investors to invest in the city. The LGU invested in putting up good infrastructures to make investments viable for interested investors in the priority industries,” Hermoso said. “Now is the time to invest in Mati. with PR from DTI 11
