The Davao City Investment and Promotion Center will be holding an appreciation and awarding program for individuals and organizations that contributed to the development of Davao City on March 13, at the Royal Mandaya Hotel as part of the 80th Araw ng Dabaw celebration.
Lemuel Ortonio of DCIPC said that on this occasion, organizations and individuals who have been contributors of development for the months July-December will be given due recognition. The contributors come from the following sectors: business and entrepreneurship, social services and health, tourism and the arts, environment and beautification and in public safety and disaster response.
Ortonio added that the top 10 business and real estate tax payers of the previous year will be acknowledged during the event. These are specific people who have given their contribution to the government religiously.
“Most foreigners who would visit Davao will come as tourists but eventually, they would open their interests for doing business,” said Ortonio. He added that the city would expect foreign investors during the Araw most especially because this is the city where the current president came from.
According to DCIPC, in 2016, registered businesses have increased by 5% compared to 2015 so it would be possible that this year, it would have a higher turnout. The current top booming industry is on the retail sector.
