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PIA Press Release
2007/07/06

DCCCI stays focused on micro and SMEs

by RG Alama

Davao City (6 July) -- The Davao City Chamber of Commerce and Industry is focusing on the development of Micro, Small and Medium-scale enterprises comprising about 99% of registered businesses her in Davao.

"Of the 31,000 registered businesses here in Davao City, only 200 are considered big companies the rest are SMEs and micro-enterprises." said Atty. Domingo Duerme, President of DCCCI during the "Government in Action" media forum held last July 5 at the Association of Regional Executives of National Agencies (ARENA) office in Catitipan.

He said the DCCI is helping them with trainings particularly on capability-building and in facilitating various financial windows in which these enterprises could avail

He said they are also helping in advocacy particularly on the aspect of ordinances and laws which would affect or benefit business.

Atty. Duerme said that DCCCI is growing with its present membership of 400 individual and corporate members, and added that about 50 individuals and corporate entities are applying for membership in the chamber.

He said that the business climate in the city is bullish as it is attracting investors and investments, Duerme hopes that peace and order would be stable to sustain it attractiveness to new investments.

He also hopes for the establishment of an export-processing zone, so that peak business in the city would be year-round not unlike an agri-based economy where it is seasonal.

Duerme also noted the potential of a huge market in China, which he saw during his visit a few weeks ago. He said that with its 1.4 billion population there is a big market for its fruits and other produce to China. He cited the near proximity to China, the good quality of the produce as one the local businesses' advantage in entering China's huge market. (PIA XI) [top]

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