Chinese Economic Envoy Explores Investment Prospects in the Davao Region for Seaweeds, Vegetables and Equipment Manufacturing

The Economic Consul of China was in the Davao Region this week to explore possible investment opportunities that will lead to potential business partnerships between the local businessmen and Chinese investors.

Cai Yong, Economic and Trade Consul of the Consulate-General of the People’s Republic of China in Cebu, arrived last Wednesday together with Consular Attaché Wenwen Pang to look at potential business opportunities in the Davao Region.

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Davao Region’s Outstanding Volunteers Named

Director Maria Lourdes D. Lim, Regional Director of the National Economic and Development Authority (NEDA) – XI, recently announced Davao Region’s official nominees to the National Search for Outstanding Volunteers (SOV) 2009.

Mrs. Irene M. Ang of the Pantukan Chamber of Commerce and Industry in Compostela Valley Province and the Barangay Service Point Officers (BSPO) Association of Davao del Sur, Inc. were named as Davao Region’s Official Nominees to the SOV 2009 Individual and Organization categories, respectively.

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RDC XI HOSTS 9TH NB-RDCom MEETING

9th NB RDCom
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The participants to the 9th NB-RDCom Meeting held on October 14, 2009 at the Waterfront Insular Hotel, Lanang, Davao City. Seated (from left to right): PSR Richard Albert Osmond, Dr. Arturo Corpuz, Gov. Enrique Garcia, OIC-DDG Marcelina Bacani (presiding officer), Gov. Gwendolyn Garcia, Mr. Vicente Lao, and NEDA XI RD Maria Lourdes Lim.

The Regional Development Council (RDC) XI hosted the 9th meeting of the NEDA Board-Regional Development Committee (NB-RDCom) at the Waterfront Insular Hotel, Lanang, Davao City on October 14, 2009. 01C-Deputy Director General Marcelina E. Bacani of the NEDA’s Regional Development Office presided over the meeting. This was bared by NEDA XI Regional Director and RDC XI Vice-Chairperson Maria Lourdes D. Lim, who also sits in the NB-RDCom Technical Board.

The main agenda of the meeting included a discussion on proposed amendments on Executive Order No. 325, series of 1996, which reorganized the RDC, the procedure in the reclamation projects, and the proposal to lower the cost of power in all energy-producing regions. OIC-DDG Bacani said that among the proposed amendments on EO 325 are the composition and powers/functions of RDC, its sectoral committees, selection and succession of RDC Chair and Co-Chair, entitlements of Private Sector Representatives to RDC, and the Council’s budget.

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