SGV and the Davao City Government launched the Doing Business in Davao investment brochure last 29 January. Developed by SGV in close collaboration with the Davao City Investment Promotion Center (DCIPC), the brochure is a comprehensive guide for potential foreign and local investors looking to set up business operations in Davao City. DCIPC Head April Marie Dayap welcomed guests to the virtual launch, including officials from national government agencies, the diplomatic corps and chambers of commerce, and business organizations.
SGV Davao Partner-In-Charge Jose Raoul J. Balisalisa (JJB) discussed the history of the Doing Business in the Philippines series and presented an overview of the major sections and highlights of the Doing Business in Davao brochure. SGV Chairman and Country Managing Partner Wilson P. Tan (WPT) delivered a message about how Davao City is an ideal business hub and center of growth. He also shared that he hopes the brochure will encourage more investors to explore business opportunities in the city.
Davao City Mayor Sara Duterte thanked SGV for its valuable and continuous support over the years. The Firm has assisted in amending the Davao City investment incentive code in 2007, developing the first edition of the brochure in 2011, and facilitating a conference on the development of the city’s economic outlook document in the last quarter of 2020. With the challenges brought about by the pandemic, Mayor Duterte mentioned that the timely publication of the brochure will help rebuild and create a more promising future for the city.
Doing Business in Davao is the latest edition of SGV’s Doing Business in the Philippines series. The brochure presents an economic overview of Davao, taxation rules, investment policies, incentives for investors and essential information on the city’s assets. The brochure is set to be translated into three languages.
