On 28 July, the Davao City Investment Promotion Center (DCIPC) conducted an online roadshow in partnership with the European Chamber of Commerce of the Philippines (ECCP), the Embassy of Sweden in Manila, the Philippine Embassy in Stockholm, and DTI-PTIC Stockholm titled NOW (New Opportunities Waiting) in Davao: Investment and Opportunities for the Swedish Business Community. Around 60 participants attended the event, including Ambassador Harald Fries of the Embassy of Sweden in the Philippines and Ambassador Maria Lumen Isleta of the Philippine Embassy in Stockholm, Swedish entrepreneurs, investors, and other members of the diplomatic corps.
Davao City Mayor Sara Duterte delivered the opening remarks and welcomed members of the Swedish business community. She talked about the favorable business environment in the city and its position as an investment hub for manufacturing, technology, agribusiness, and tourism. Christian Cambaya, the head of the Investor Assistance and Servicing Unit of the DCIPC, discussed the 10 Priority Investment Areas of Davao City and the local fiscal and non-fiscal incentives available for qualified investors.
JJB and TFM with Mayor Duterte and other speakers and participants at the roadshowSGV Davao Partner-in-Charge Jose Raoul J. Balisalisa (JJB) then introduced the Doing Business in Davao City brochure, a comprehensive guide for potential foreign and local investors looking to set up business operations in the city. Tax Partner Thyrza F. Marbas (TFM) presented the tax and regulatory aspects of doing business in the city and the incentive opportunities relevant to the participants. Afterwards, Service Manager of Atlas Copco Philippines Ramil Villaroman shared insights and strategies on how foreign companies may begin investing in the country.
