The Province of Oriental Mindoro is holding a three-day Oriental Mindoro Investment Summit in Calapan City.
More than 200 actual and prospective investors, both local and from countries such as United States, the People’s Republic of China, Japan, Taiwan, and South Korea, have converged in the province to look into opportunities in various economic sectors – from energy generation to agribusiness, tourism, and logistics.
The summit is a continuation of the Mindoro Power Summit held three years ago and attended by leaders of the business sector and the media.
It subsequently identified the need for a follow-up Investment Summit and Integrated Area Development Plan. Thus, the on-going investment summit starts with updates on the power situation in the province before the presentation of investment opportunities in the areas initially mentioned, as well as the social-development dimension.
Experts from leading academic institutions will be presenting the results of their assessment of the conditions and opportunities in the area.
On the third day of the summit, the participants will be treated to a "Lakbay Mindoro" tour that aims to give them a chance to see the unspoiled natural beauty, the lush greenery, the majestic mountains, the white-sand beaches, the natural waterfalls, the exotic flora and fauna of Mindoro, and the warm hospitality of the Mindoreños.
With the collaborative work of local government officials led by Gov. Arnan C. Panaligan, concerned national government leaders and agencies, led by Oriental Mindoro’s son, Vice President Noli L. de Castro, concerned academics, and the private sector, it really will not take long before resource-rich Oriental Midoro moves up in the development chain and secures for the people a much better quality of life.
We congratulate the participants and organizers of the Oriental Mindoro Investment Summit and wish them success in all their endeavors.
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