{"id":11190,"date":"2025-01-13T02:30:51","date_gmt":"2025-01-12T18:30:51","guid":{"rendered":"https:\/\/journaldailynewsonline.com.ph\/?p=11190"},"modified":"2025-01-13T02:32:45","modified_gmt":"2025-01-12T18:32:45","slug":"cdc-ramps-up-efforts-to-attract-global-investors","status":"publish","type":"post","link":"https:\/\/journaldailynewsonline.com.ph\/index.php\/2025\/01\/13\/cdc-ramps-up-efforts-to-attract-global-investors\/","title":{"rendered":"CDC RAMPS UP EFFORTS TO ATTRACT GLOBAL INVESTORS"},"content":{"rendered":"<p><!-- wp:paragraph --><\/p>\n<p><strong>BY KEVIN GALANG<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>CLARK FREEPORT &#8212; The Clark Development Corporation (CDC) is intensifying its efforts to lure &nbsp;more investors to the Freeport.&nbsp;<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>CDC president and CEO attorney Agnes VST Devanadera has met with 17 Taiwanese companies alongside Manila Economic and Cultural Office (MECO) chairperson attorney Cheloy Velicaria-Garafil.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>The meeting focused on CDC\u2019s commitment to maintaining a robust business environment for locators, who have contributed to the Philippine economy.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:image {\"id\":11192,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} --><\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"462\" src=\"https:\/\/journaldailynewsonline.com.ph\/wp-content\/uploads\/2025\/01\/s1y56czc-1024x462.png\" alt=\"\" class=\"wp-image-11192\" srcset=\"https:\/\/journaldailynewsonline.com.ph\/wp-content\/uploads\/2025\/01\/s1y56czc-1024x462.png 1024w, https:\/\/journaldailynewsonline.com.ph\/wp-content\/uploads\/2025\/01\/s1y56czc-300x135.png 300w, https:\/\/journaldailynewsonline.com.ph\/wp-content\/uploads\/2025\/01\/s1y56czc-768x346.png 768w, https:\/\/journaldailynewsonline.com.ph\/wp-content\/uploads\/2025\/01\/s1y56czc.png 1299w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"><\/figure>\n<p><!-- \/wp:image --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>Devanadera highlighted the importance of open communication with locators to address challenges effectively and foster collaboration.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>\u201cLet me first express our sincere appreciation at CDC because this community has never given us problems. It is probably because our lines of communication have always been open. Any difficulty, we talk,\u201d Devanadera said.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>The CDC chief encouraged Taiwanese businesses to explore new revenue streams by trading with fellow locators. This initiative is part of the business interdependence program launched last year.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>\u201cWe mean business. We want to help you because we know you&#8217;re here since we promised you a good business climate. So, on top of the good business climate, we encourage you to do business with one another,\u201d she added.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:image {\"id\":11194,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} --><\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"683\" src=\"https:\/\/journaldailynewsonline.com.ph\/wp-content\/uploads\/2025\/01\/garafil-1024x683.jpg\" alt=\"\" class=\"wp-image-11194\" srcset=\"https:\/\/journaldailynewsonline.com.ph\/wp-content\/uploads\/2025\/01\/garafil-1024x683.jpg 1024w, https:\/\/journaldailynewsonline.com.ph\/wp-content\/uploads\/2025\/01\/garafil-300x200.jpg 300w, https:\/\/journaldailynewsonline.com.ph\/wp-content\/uploads\/2025\/01\/garafil-768x512.jpg 768w, https:\/\/journaldailynewsonline.com.ph\/wp-content\/uploads\/2025\/01\/garafil.jpg 1440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"><\/figure>\n<p><!-- \/wp:image --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>Garafil echoed the sentiment, highlighting the readiness of Taiwanese investors to expand their footprint in the Philippines.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>\u201cI can see the sincerity of the Taiwanese people to do business in the Philippines. So, that&#8217;s why I was telling Ma&#8217;am Agnes (Devanadera) that we should take advantage of their very open invitation, very open collaboration with us,\u201d Garafil said.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>As of September 2024, Taiwanese firms in Clark have generated 2,076 jobs, with a total of $190.62 million in investments, and $10.32 million worth of exports, as recorded by CDC\u2019s Investment Promotions Division II office.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>Among the Taiwanese companies present at the meeting were BB International Leisure and Resort Development Corporation, Bestelement Industrial Ltd. Inc., and Fwu Kuang Enterprises Corporation.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>Other attendees included Multi-Tek Fasteners Incorporated, Haitima Clark Corporation, and MSK Group Work Clark, Inc.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>Also present were Chitai Industry Philippines Inc., Baynant Inc., and Kaixin International Corporation.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>Among Taiwanese investors in Clark included Win Formula, Inc., ALJ Outdoor Games Inc., and EFNA Global Outsourcing Inc..<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>EVA Airways Corporation, Starlux Airlines Co., Ltd., and Jade True Energy Solutions Corporation were also present during the meeting.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BY KEVIN GALANG CLARK FREEPORT &mdash; The Clark Development Corporation (CDC) is intensifying its efforts to lure &nbsp;more investors to the Freeport.&nbsp; CDC president and<\/p>\n","protected":false},"author":1,"featured_media":11191,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/11190"}],"collection":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/comments?post=11190"}],"version-history":[{"count":2,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/11190\/revisions"}],"predecessor-version":[{"id":11195,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/11190\/revisions\/11195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media\/11191"}],"wp:attachment":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media?parent=11190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/categories?post=11190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/tags?post=11190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}