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PIA Press Release
2010/11/12

About P20-billion eyed as DATE windfall

By Mai Gevera

Davao City (12 November) -- Davao business players who participated in the recent Davao Trade Exhibit 2010 could make money of about P20-billion as estimated by the Bureau of Investment.

This is the potential business value arising from the meetings between buyers and suppliers, said Wit Holganza of the Davao City Chamber of Commerce and Industry Inc. (DCCII) during the Club 888 Forum at Marco Polo Davao, Wednesday.

Participants in the exhibit also reported P22.9 billion total potential sales with more than 1,000 visitors during the three-day event held at Bangko Sentral ng Pilipinas.

Delegates also benefited from the 24 topics discussed during the AGRICON which includes the topics of pest management, risk mitigation on people's health, and developing new varieties for the global market.

Holganza also stressed the representation of 10 countries, and more than 500 combined delegates during the 1st Philippine Global Banana Summit and the Agri-Conference breakouts.

President Benigno Aquino sent a message to the delegates and participants commending the united effort of the stakeholders in forwarding the trade industry in the region.

The event was attended by Agriculture Secretary Proceso Alcala, Mindanao Development Authority Chair Sec. Lu Antonino and Davao City Mayor Sara Duterte.

Organizers and delegates consider the recently held DATE 2010 a smashing success. (PIA XI) [top]

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