THE DAVAO City Investment Promotions Center (DCIPC) recorded a total of P1.08 billion approved investments from January to July 2024.
During the Business Matters forum on August 2, Christian Cambaya, DCIPC Investors Assistance and Servicing Unit head, said three major projects have already availed of their incentives.
“We have cold storage in Bunawan with a P706 million investment, Golden Señoritas, a banana chips processing and exporter with P365 million, and our recent Virtual Assistant for professionals, or knowledge process outsourcing with a total cost of P9.5 million,” Cambaya said.
Cambaya said they have yet to hear from two more major projects investing in the city.
He also noted that they continue to strengthen relations with Davao’s sister cities, inviting both the local and international cities to celebrate and participate in the Kadayawan, as well.
“They may also showcase their respective products and services here as well. Our purpose is to strengthen our ties and partnerships with them,” he said.
The City has nine sister cities from the Philippines, six from other Asian countries, and two from the United States.
