Tuesday, January 18, 2011

News Update Antipolo sets trade summit

ANTIPOLO CITY, Philippines - Packaging the city as a tourist and business haven, the city government here is inviting much needed investors with the holding of a pre-investment summit Wednesday. With the intention of generating investment opportunities, Antipolo City led by City Mayor Danilo "Nilo" Leyble, in coordination with the City Economic Enterprise Office (CEEO), in partnership with the University of Asia and the Pacific (UA&P) will hold a Pre-Investment Summit on January 19 at the Meralco Management and Leadership Development Center (MMLDC). "This will be a multi-stakeholder activity with the objective of inviting key stakeholders from the City Government and our existing local investors.

Stakeholders within the City of Government of Antipolo should know the growth direction of Antipolo in terms of investment opportunities before we can promote it to local and foreign businessmen and investors," said Amalia Engalla, Head of CEEO. Included in the program are presentations of the macroeconomy of the Philippines, regional development and development plan of Antipolo City. Booths from different exhibitors will be set up.

"This investment summit is very timely for Antipolo City since we are in the process of updating, improving our revenue system which is included in our Ten Year Comprehensive Development Plan," said Councilor Bobot Marquez, Chairman on Committee on Trade, Commerce and Industry, in one of the consultation meetings conducted in mid-December. "Antipolo has many economic growth potentials. That is why we would like Antipolo to be a tourist and business haven." This event will be a whole-day affair launching Antipolo City as a promising site for economic growth and development to the existing investors and key stakeholders of the City Government in preparation for the main investment summit to take place in June.