Davao business chamber bullish on 2011

Subscribe Now January 04, 2011 at 11:11am

The city’s business sector is bullish on 2011 prospects noting this sentiment is anchored on good policy direction that would be provided by the city government. Sebastian L. Angliongto, chairman emeritus of the Davao City Chamber of Commerce and Industry, said more investments would pour in once the local government implements its programs. "The business sector is just waiting for the city government to move because it is ready to take advantage of whatever opportunity it sees," Mr. Angliongto told BusinessWorld. Impressed by Mayor Sara Z. Duterte Carpio’s recent presentation before the city’s business chamber, Mr. Angliongto said the city government is on the right track with respect to its economic policies.

But Mr. Angliongto, who once served as chairman of the Mindanao Development Council during the administration of former Pres. Joseph E. Estrada, said the local government needs to address key issues on area development if it wants to convince investors.

For one, he said, informal settlers particularly in areas that are zoned for investments should be relocated.

"Investors are usually reluctant to invest because they have to confront informal settlers in the areas where they want to set up their facilities," Mr. Angliongto said.

Some properties in the city, he added, are the subject of court battles between property owners and informal settlers, prompting businessmen to either postpone their planned projects or relocate elsewhere. The city’s inadequate infrastructure was also raised by the business sector as a significant issue.

Roberto P. Alabado III, acting city planning officer, said the city government is determined to address the issues presented by the business sector during mayor’s presentation.

"We have to know what they want us to do for us to be able to come up with programs that will address their concerns without also setting aside the other sectors that will be affected," said Mr. Alabado.

One issue that the city wants to tackle, he said, is infrastructure, especially narrow roads. Mr. Alabado said one way of addressing this is to come up with a mass transport system. Such a system would also make vehicles traveling within the city more efficient. He said the Asian Development Bank has commissioned a private firm for a study of the city’s future transport system.

Source: bworldonline.com



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