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OUTGOING INVESTMENT MISSIONS GENERATE INVESTMENT LEADS OF P5.3B

posted Dec 5, 2013, 5:22 PM by Geovanni Man-on   [ updated Dec 5, 2013, 6:19 PM by Cheryl Cipriano ]

    The Department of Trade and Industry (DTI) National Economic Research and Business Assistance Center (NERBAC) 12 successfully conducted the 3rd Outgoing Investment Mission to Manila last November 18-22 and the 1st Outgoing Investment Mission to Davao last November 26, 2013, respectively, with a total of eight (8) investors linked with the project proponents, generating investment leads amounting to P5.3 Billion. This excludes projects on mall/ supermarket development, generator for ice plant of Lebak and airport improvement, farm lot for duck raising, and the 7 Falls Theme Park.

    The mission had a total of seven (7) delegations representing the Local Government Units (LGUs) in Region 12, namely: General Santos City, Lebak, Isulan, Tacurong, Kalamansig, and PGO-South Cotabato, as well as a private sector proponent, BAGEMPCO MPC.

    A total of 12 CEO Meetings were arranged, with the said project proponents meeting potential investors from the following companies: BSP and Company Inc., Dela Torre and Company Inc., Frey-Fil Corporation, Mirae Asia Energy Corporation, NV Vogt Philippines, Inc., Philcarbon Inc., Mr. Edwin Glindro (PCCI/Phil. Chamber Development Institute), Hyper Green Energy Corporation, and CM Pancho Construction, all coming from Manila; as well as Ulticon Builders Inc., Vicente Lao Construction, and FNC Food and Beverages Machinery Technology and Services, from Davao.

    Specifically, the investment leads were focused on the following: (1) Vic Lao Construction with LGU-GSC on slaughterhouse, cold storage, and public market projects; (2) Frey-Fil Corporation with LGU-Lebak on a generator for ice plant/cold storage facility and airport improvement; (3) NV Vogt with LGU-Lebak and LGU-GSC on a solar power plant; (4) Dela Torre and Company with BAGEMPCO on a rubber cuplump processing plant; (5) Mirae Asia Energy with LGU-Lebak on a solar project and PGO-South Cotabato on a biomass project; (6) Edwin Glindro with LGU-GSC on an integrated food terminal; LGU-Tacurong on a transport terminal and public market expansion; LGU-Isulan on mall and supermarket; (7) Hyper Green Energy Corp with PGO-South Cotabato on a biomass project; and, (8) CM Pancho with LGU-GSC on an integrated food terminal, PGO-South Cotabato and LGU Isulan on mini-hydro projects. 

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