Presidential Communications Operations Office

  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Monday, 23 July 2018 News Before 1 Feb 2012. Click for Latest
Web PIA  
 << July 2018 >> 
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31
Special News Editions:
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
PIA Archive News Reader

PIA Press Release

Foreign investment group eyes Zamboanga

Zamboanga City (17 April) -- An investment group composed of five companies visited Zamboanga City recently for an exploratory mission to study the feasibilities of setting up business here.

The investment mission is composed of representatives from Tarly Investment Group, Sino Investment Inc., Advanced Technology Resources Inc., Leisure Exchange Inc., and JJ Mining Inc.

The group’s business interests are in hotel, leisure business, construction, mining, water and irrigation.

Jun Herrera, spokesperson of the investment group said investors are looking at opportunities here and are exploring the investment areas where they could invest.

Herrera specifically said Taiwanese investors are keen in the tourism business in Zamboanga City but the city needs a good workable marketing plan and excellent public relations (PR) man to make it in a globalize marketplace.

“Zamboanga City needs a good PR man to market the advantages of the city to the world” he said.

Herrera, a hotel operator in Baguio, said there are bright prospects in the tourism industry in the city after learning that hotel occupancy rate have remained high.

“We tried to book in a hotel and we found out that hotels were fully booked,” he said.

“We know that it could be seasonal but it is a sign that rooms from good hotels can no longer serve the influx of tourists,” he added.

Herrera explained Zamboanga City has become an attractive investment area because of the magnitude of growth in commercial, trading and other economic activities.

He said the city has enormous potentials particularly in areas like marine and mineral resources.

An added advantage is the presence of the Zamboanga City Economic and Freeport Authority (ZAMBOECOZONE), which grants tax incentives to investors who are gearing up their products for export markets, Herrera said.

He said the infrastructure supports are in place like the deep-sea port, an international airport, and road networks are available. (PIA ZC) [top]

|«  prev  next  »|
»Ulama to Muslim brothers: Vote wisely, be vigilant
»GSIS old-age pensioners entitled to discounts
»Davao urged to update investment data
»Ombudsman warns officials doing indirect bribery
»MGB: Mining firms yield to NPA demands
»Bird flu: A children’s concern
»Mall chain to open Davao IT park
»More micro-financing access for poorest provinces urged
»Komentaryo: Nilinis ng Comelec, listahan ng mga botante
»Feature: The wind of change from social payback
|«  prev  next  »|

Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
For comments and feedback, please email PIA Newsdesk
Copyright © 2005 Philippine Information Agency
PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines