DAVAO CITY—A trade promotions organization has expressed interest in promoting Davao City to potential Taiwanese investors.
Taiwan Trade Magazine Inbound Mission-Research Group recently met with the Davao City Investment Promotion Center and the Department of Trade and Industry-Davao Field Office to discuss business opportunities for their member companies in Davao.
TAITRA is a non-profit trade promotion organization that assists Taiwan businesses and manufacturers in reinforcing international competitiveness.
Harrison Lan, TAITRA director, said the purpose of their business study mission was to learn about Davao City’s demographics, economic profile, priority investment areas, and incentives packages.
“We want to know more about the business environment and opportunities that Davao City can offer for Taiwanese businessmen,” said Lan.
The research group is also looking into possible Public-Private Partnership projects that Taiwanese companies can participate in.
Lan’s first visit to Davao was when he joined Taipei Economic and Cultural Office Economic Director Nick Ni for a courtesy visit to DCIPC.
“We are grateful that Taiwanese investors are very keen on exploring business opportunities in the city,” said Lemuel Ortonio, the DCIPC OIC. “The visit of TECO and TAITRA is indicative of their strong interest in Davao City.”
TAITRA Market Researcher Li-Ting You emphasized that Taiwan is known in the manufacturing industry, specifically on quality laptops, cellphone gadgets, and security solutions.
Davao City also has existing sisterhood pacts with the Taiwanese cities of Keelung and Taichung.
Ortonio said the business research mission will help pave the way for reestablishing connections with these two cities and exploring partnerships with other major Taiwan cities.