Need For More Economic Zones in Davao Region

Davao City Chamber of Commerce and Industry, Inc. (DCCCII) seeks to strengthen the promotion of more economic zones in the Davao Region.

“We need more economic zones as to promote and even bolster the continuing progress of the business sector in the city or even in the region,” DCCII Chair Ma. Lourdes Monteverde said during a Kapehan sa Dabaw media forum last July 23, 2018.

“It has a tedious process to go through. We have to consolidate with different institutions’ approval in order to implement such. The minimum hectares to develop an industrial manufacturing economic zone for the foreigners can locate or Filipino companies who are into manufacturing is about 25 hectares,” Monteverde added.

Monteverde also said that there are more to just establishing economic zones in the regions. She advised that providing sustainable community livelihood must also be considered.

“Factors like power supply, road network, and connectivity must be considered because goods must be transported efficiently and effectively,” Monteverde further said.

Davao City Chamber of Commerce and Industry, Inc. (DCCCII) seeks to strengthen the promotion of more economic zones in the Davao Region.

“We need more economic zones as to promote and even bolster the continuing progress of the business sector in the city or even in the region,” DCCII Chair Ma. Lourdes Monteverde said during a Kapehan sa Dabaw media forum last July 23, 2018.

“It has a tedious process to go through. We have to consolidate with different institutions’ approval in order to implement such. The minimum hectares to develop an industrial manufacturing economic zone for the foreigners can locate or Filipino companies who are into manufacturing is about 25 hectares,” Monteverde added.

Monteverde also said that there are more to just establishing economic zones in the regions. She advised that providing sustainable community livelihood must also be considered.

“Factors like power supply, road network, and connectivity must be considered because goods must be transported efficiently and effectively,” Monteverde further said. PIONAIRE FINANCE LIMITED