โโDavao City is an attractive destination for investment, particularly in tourism, agribusiness, manufacturing, and property development. These industries around the region are continuously thriving due to the city's abundant supply of raw materials, affordable power and utility rates, and highly skilled and job-ready workforce. Taking pride in its favorable business climate and good trading activities across the globe, Davao is recognized among the most highly competitive cities in the country, making it a desirable location for individuals seeking to benefit from fiscal incentives. The city is constantly conducting trade promotions, expanding its membership, and providing additional fiscal incentives to investors such as tax holidays and permit fee exemptions, to transition into a more responsive and diverse environment for businesses. These wide variety of available investment opportunities and ease in doing business allowed bigger possibilities for investors to explore and positioned the city into a steady economic growth. Prior to the unprecedented economic crisis, Davao's vibrant economy indicated strong performances with a 9.4% GRDP growth rate, 6.3% value of investment growth rates, and a 6.1% number of establishments growth rate. Despite the challenges posed by the pandemic, Davao continues to demonstrate a diversified economy as well as a robust and accelerating business sector, which makes it a hive of investment opportunities.
The European Chamber of Commerce of the Philippines in partnership with the Davao City Investment Promotion Center (DCIPC) , Embassy of Netherlands in Manila, Dutch Chamber of Commerce of the Philippines, DTI-PTIC Brussels, Philippine Netherlands Business Council, and Philippine Embassy in Hague invites the Dutch Businesses to explore, connect, and do business in Davao.
This webinar will provide the Dutch Businesses Community an overview of the growing business opportunities in Davao that you can explore, share insights on how ECCP & DCIPC can ably facilitate your business entry and expansion in the country, and present the attractive incentives available to foreign investors.
via ZOOM