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‘Mindanao or bust’ for new normal firms

It is blessed with incredibly rich resources, human capital and favorable conditions enough to propel exponential growth.



Photo courtesy of Davao ICon

Business leaders should consider Mindanao in their investment plans or be left out during the recovery period, top executives said during the recent Davao Investment Conference Webinar 2: The Potential of the Mindanao Market.

Dr. Maria Lourdes Monteverde, President of the Davao City Chamber of Commerce and Industry Incorporated, revealed social and infrastructure development in the region reached P12 billion, and invited investors to witness firsthand what the region has to offer.

“The Davao Investment Conference is a decade old and the Davao City Chamber of Commerce and Industry continues to showcase investment opportunities and the best of Davao and Mindanao, not only here but globally,” she noted.

Keynote speaker Davao-based Lafayette Alvarez Lim, President of the NCCC Group of Companies, said Mindanao has long been ripe for business and investments.

“Saying ‘Give Mindanao a chance’ is outdated and no longer true. Overlooking Mindanao and taking it for granted is a bad business decision. If you want to play your cards right, join us here in Mindanao, and let’s grow and prosper together,” Lim stated.

Event host and President of the Davao Tourism Association Gatchi Gatchalian, who also moderated the panel discussion, led the panel discussion to focus on technological advancements and infrastructural developments in Mindanao and how growth opportunities abound during the new normal.

Bountiful resources
“Mindanao is a promise land amidst the wilderness. It is blessed with incredibly rich resources, human capital and favorable conditions enough to propel exponential growth when tapped with right governance, focus and support,” Ella Gonzales-Batingan, National Shopper Marketing Manager of Alaska Milk Corporation, stated.

Arsalan Khan, National Sales Director of Nestle Philippines, Incorporated, was bullish about the Mindanao market and its power to spur fat-moving consumer goods.

“Mindanao offers endless business possibilities. For fast-moving consumer goods, the retail infrastructure is rapidly evolving which provides organizations a strong platform to launch new concepts,” he noted.

“The business community is very dynamic and the consumers in Mindanao appreciate good value for money products and services. This is indeed the right time to be part of the Mindanao business landscape,” Khan added.

Wilhelmino Nicolasora Jr., Vice President for Domestic Sales at Century Pacific Food, Incorporated, highlighted Mindanao’s potential as a global economic player despite the challenges faced by the region.

“We have to break through the negative image of Mindanao painted by local and international media over the years. If its potential is unleashed, Mindanao is a powerhouse that can influence possibilities not just on a regional level, but on a national level too,” Nicolasora said.