DCIPC to put up center to guide new businesses

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Tuesday, August 19, 2014

THE Davao City Investment Promotion Center (DCIPC) will put up an advisory center that will guide new investors on where to locate their businesses in the city.

DCIPC officer-in-charge (OIC) Ivan C. Cortez, in an interview with reporters after the Kapehan sa Dabaw at SM City Davao yesterday, said the center is planned to be put up within the year, which will cost around P1 million.

The center will be established at the DCIPC office in Magsaysay Park.
"[Through the advisory center] investors will be advised on the best locations for them in the city," Cortez said.


He said this will not only benefit new businesses and investors but also the micro, small, and medium enterprises (MSMEs).

The center will also cater to MSMEs because those that have similar products tend to flock in one location where they do business. MSMEs will be advised as to where the best location is for them.

The center is also eyed to help in the proper distribution of businesses, particularly in under-served areas within the city.

"Investors will be advised that there are areas that are under served in terms of a particular service or industry," Cortez said.

The DCIPC will collaborate with Department of Trade and Industry (DTI) 11 for the procurement of the necessary equipment.

Cortez said the equipment will have a geographic information system (GIS), a computer system that will contain the geographical data of the city.

They are also coordinating with other licensing agencies on the advisory center.

For her part, DTI 11 officer-in-charge Ma. Belenda Q. Ambi, in a text message, expressed support for this initiative of the DCIPC.

"That's really the development thrust. Under the Magna carta for Msme's the LGUs role is very vital as they are the economic managers of their city, municipality and province. In fact, we are supporting the city government in their efforts," she said.

Published in the Sun.Star Davao newspaper on August 19, 2014.


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