4th CCCI Chapter in the Making This Year!

The Cebu Chamber of Commerce and Industry (CCCI) has continued its concerted efforts of living up to its second thrust, which is to represent business by closely working with the government to improve competitiveness, sustainability, and prosperity of businesses.

Last May 23, 2018, the LGU of Balamban invited CCCI to shed light on the importance of creating a chapter in their municipality during their Business Forum held at the 3/F, Municipal Town Hall, Balamban, Cebu.

The creation of CCCI Chapters in the strategic locations of Cebu began in 2014 in Bantayan Island after ST Yolanda where the chapter was formed and focused primarily on the rehabilitation of the main economic drivers in the island – tourism, fishery, and poultry industries. In 2015, CCCI-City of Naga Chapter was formed, and in 2016, the CCCI-Danao City Chapter. This year 2018, another chapter is all set to add to the list – the CCCI- Balamban Chapter.

Indeed, the significant role of CCCI in Strengthening Business, Accelerating Change has expanded in breadth and depth not just here in Cebu but elsewhere in the Visayas and Mindanao regions.

For one, Balamban Mayor Ace Stefan Binghay hosted the business forum, invited CCCI and asked assistance in forming a chamber chapter for his municipality to which CCCI represented by MDD VP Taguiam, Executive Director May Elizabeth Ybanez, and MDD Head Joy Lorena Segismar welcomed the mayor’s request with delight and full of enthusiasm.

Balamban, from being a fourth-class municipality, progressed into a first income class municipality based on the 2015 census. One major contributor to its spectacular economic growth is the shipbuilding industry which was established in 1994 and where Balamban has been considered as the shipbuilding capital in the Philippines. Impacts of shipbuilding have been noted, such as the rise in population, opening of job opportunities, construction of new commercial buildings and increasing number of business establishments, labor migration into the town, revenue collection has improved, among others. (PR)