Davao City Remains Attractive to Biz Investors Despite Blast

Davao City — A City Hall official said Davao City remains to be attractive to business investors despite the Roxas night market bombing.

Lemuel Ortonio, officer-in-charge of the Davao City Investment and Promotion Center (DCIPC), said several investors still continue to seek their office’ assistance on the possible incentives their companies can get from establishing their businesses in the city.

“Even after the bombing incident, the DCIPC still receive lots of inquiries about doing businesse here,” Ortonio said. “It is business as usual.”

The city, he said, is still a business haven as potential investors are unfazed by the September 2 bombing that left 15 dead and 69 others injured.

Davao may have suffered a blow in terms of investments but the effect is just minimal, he said.

“In general, the bombing has no major impact in the city as an investment hub,” he added.

DCIPC constantly coordinates with the industry groups to encourage more businessmen to pour in their investments here.

“We are also eyeing to put in place our strategic plan in partnership with the national government,” he said.

The City Tourism Operations Office earlier said the tourism industry has bounced back after the deadly blast and now enjoys a 75 percent hotel occupancy rate. (DAVAO CIO)