Article by Maria Paula Tolentino with context & photos provided by Stephen Araneta
On its 5th year, Davao City opens its annual Investment Conference, also known as Davao Icon, on June 20-21 2019 at the SM Convention Center Davao City, Philippines.
Organized by the Davao City Chamber of Commerce and Industry, Inc. (DCCCII), Davao ICON 2019’s theme centered on “Davao: Your Southeast Asian Investment Destination” with the goal of promoting potential investments on Infrastructure, Real Estate, Halal Trade , Tourism, IT and Business Process Management (BPM).
Organized in cooperation with the European Chamber of Commerce of the Philippines (ECCP), the Japanese Chamber of Commerce of Mindanao (JCCM), American Chamber of Commerce (AMCHAM), Canadian Chamber of Commerce (CANCHAM) and the British Chamber of Commerce (BCCM), the objective of this year’s Davao Icon was “to encourage capitalists to invest in the Davao Region, facilitate business matching and generate employment. It envisions connecting Davao to the different parts of the world as a strategic and suitable place for investors.”
Notable highlights of the event included the discussion between Davao City Mayor, Sara Duterte-Carpio and Swedish Ambassador H.E. Harald Fries. In a separate meeting, the Swedish Ambassador asked the Mayor on the possibilities of lifting Martial Law in Mindanao, to which Mayor Duterte replied “(I will) request my father, President Rodrigo R. Duterte, to exempt Davao City from his martial law declaration and only place areas under military rule where peace and order is unstable. It doesn’t have to be the entire area of Mindanao.1”
OLLI Consulting Group Principal, Atty. Leo Dominguez, together with European diplomats and member companies, attended a private meeting of the ECCP discussing how to empower the country’s biggest yet most overlooked producer – the Filipino farmer. In the meeting, one of the proposals was to provide equipment and technology to small farmers.
While a separate courtesy call to Singaporean Ambassador Gerard Ho Wei Hong began a discussion on importing Mindanao products to Singapore. The Ambassador announced that he is preparing for the Singaporean Prime Minister’s state visit to Davao later this year and is keen on importing agricultural food products from Mindanao to his country. The objective was for Singapore to diversify its food sources with obvious challenges, such as passing Singapore’s strict food regulations and the logistics necessary to transport the products, that are all still on the table.
Manufacturing and Real Estate Development
In the same event, the OLLI delegation met with the Malaysian Chamber of Commerce Vice Chairman Datu Philip Ting and DPI Holdings Bernad Executive Chairman and Managing Director, Peter Chai.
According to Chai, the manufacturing company is keen to explore setting up an aerosol manufacturing plant in Mindanao, and was equally met with enthusiasm as the Malaysian Chamber of Commerce echoed plans of making another trip back to Mindanao November of this year. In this trip, the Chamber will be bringing in other potential investors from Malaysia and will be directly coordinating with the OLLI Consulting Group.
Manufacturing aside, the OLLI delegation also met with two corporate officers from Japanese companies Key of Life and ARCHITEX. These officers are currently exploring how to work further with OLLI in setting up a boutique Japanese residential and resort development in Davao.
OLLI Principal acknowledged
Right after Mayor Duterte’s message, ECCP acknowledged the presence of Dominguez both as a representative and Chairman of a Foreign Business Chamber called the Philippines – Sweden Business Council, and as CEO and Principal of privately-owned consulting firm, the OLLI Consulting Group, Inc.
Representing the OLLI Consulting Group, Inc. at Davao Icon 2019 were consultants Stephen Araneta, Jose Camus and John Carlo B. Tria. Tria also happens to be the Executive Vice President (EVP) of the Davao City Chamber of Commerce and Industry, Inc. (DCCCII) and is the key organizer of this year’s Davao Icon 2019.
For more information about this event and investment opportunities in the country, please reach out to Mr. Stephen Araneta at email@example.com.
1 MindaNews. Colina, Antonio. 20 June 2019. “Mayor Sara to ask President Duterte to exempt Davao City from martial law”.
ABOUT THE AUTHOR
Maria Paula Tolentino is the Chief Content Officer of SEM Scribe Publishing House, a boutique digital communications agency. She is also the Vice-President for Mining group Diwata – Women in Resource Development, Inc. and a Consultant for the OLLI Consulting Group, Inc. For more information, she may be reached at the following: firstname.lastname@example.org, email@example.com, and www.semscribepublishing.com.