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Bacolod City, Philippines Tuesday, August 1, 2017
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Chinese businessmen
looking for investment opportunities
BY CHRYSEE SAMILLANO

A 20-member Chinese Youth Trade delegation arrived in Bacolod City yesterday to promote friendship and find potential investment opportunities in the city and Negros Occidental.

The group paid a call on city officials, headed by Bacolod Mayor Evelio Leonardia, at the Bacolod Government Center, and joined by officers and members of local business organizations in the city during a welcome reception at the MassKara Hall.

They told the mayor that they hope to find potential business and investment opportunities, or build factories, hotels, and establish trading partnership in the city.

Hong Zhao Li, chairman of the City of Shan Tou delegates, said he hopes their efforts will bear fruit, and that it is also his dream to forge a sisterhood relationship with a Philippine city in the future. However, this will be decided by the Ministry of Foreign Affairs.

Interior and Local Government Undersecretary Jesus Hinlo said they will wait for a resolution requesting for a sisterhood agreement and after studying it, they will decide which Philippine city they will enter into an agreement with.

Negros Occidental is the first province visited by the group, he said.

Leonardia said the Philippines is very much part of the ASEAN and they would like to set up Bacolod in the global stage. “We want Bacolod to be among the premier cities of the Philippines that will play a big role in the growth and development of the Philippine economy,” he said.

He also looks forward to a very dynamic and fruitful relationship between Bacolod and a city in China, he said.

Hinlo said the President, even before he came to Malacañang, wanted to be good friends with China because it has never been an enemy of the Philippines.

The issues involving the South China Sea should not stop the good relation between the two countries, he said, adding that both countries want peace.

“We want to re-establish our friendship and want both countries to achieve economic development,” Hinlo said.

The group is scheduled to pay a call on Negros Occidental Gov. Alfredo Marañon Jr. today.

LATEST AWARD

Meanwhile, Leonardia informed the group during the welcome reception that the latest award that Bacolod City received from The Manila Times, the Philippines' oldest and most respected news organization, is for being the Top Model City in the Philippines.

He also thanked the Philippine-Chinese Chao Shan Youth Chamber, led by its president, Kevin Lim, for accepting their invitation and for gathering the overseas trade delegation from the various cities in China, specifically from the four cities of Shan Tou, Guang Zhou, Tian Jing, and the Hong Kong Special Administrative Region.

Leonardia also thanked all the local business organizations in Bacolod City that are the primary stakeholders responsible for making Bacolod City the “investment destination in the next years ahead.”

DEVELOPMENT PLANS

He also presented their future development plans in an audio visual presentation that captures in brief what they intend to build and where the Chinese investors might be interested to partner with the city's local businessmen.

Leonardia thanked Hinlo “for opening the doors and providing the opportunity for our overseas friends to visit Bacolod and explore our city for what I truly believe would be a long-lasting relationship.”

Vice Mayor El Cid Familiaran said Bacolod, the Philippines' Top Model City, would not be the city it is today, if not for the visionary investors who all bravely believe in the capacities of the Bacolodnon workforce, consumers, and its local government, in taking care of their business, in valuing their profits, and in respecting their rights as investors.

Familiaran said it is his strong belief that the success of businessmen, local or from outside Bacolod, which has delivered a great impact on the employment rate and on the city's economy, are out of friendship and mutual respect developed through time.

Going around the city is a perfect chance for you to validate the peace and security, business comity, which will definitely lead to any economic and enterprise opportunities, he told the delegation.

He believes that any Bacolodnon can say that the city is a great terrain for business and investments, Familiaran added.*CGS

 

 

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