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Oro Chamber sees foreign execs joining Minbizcon

BUSINESS executives from Russia, US, Great Britain and Italy have expressed interest to join the annual Mindanao Business Conference (Minbizcon) scheduled here from Sept. 7-9.

Robertino Pizarro, president of the Cagayan de Oro Chamber of Commerce and Industry (Oro Chamber), said the last time the city hosted the event was in 1992 when the main concern then among the island’s business groups was the power crisis.

“It is different now as we are in a more stable and more progressive era. Now we are promoting Mindanao ‘as a basket of investment opportunity,’’’ he said.

Pizarro said it helped that President Duterte, a Davaoeño, won the elections last year.

After he assumed the presidency in July, many countries pledged to pour in their investments in Mindanao, Pizarro said.

He said the United States Agency for International Development is currently exploring how it could assist in the possible expansion of the Laguindingan airport and the Mindanao Container Terminal that are both located in Misamis Oriental.

Pizarro said Russia is also interested in offering a state-of-the-art agricultural technology to local farmers, whose produce they would buy.

Antonio Uy, Philippine Chamber of Commerce and Industry vice president for Mindanao, said the British Embassy and the Italian Chamber of Commerce of the Philippines also committed to attend business conference that will be held at the Xavier Estates Country Club.

The discussions would focus on latest technologies, agribusiness, global challenges and emerging opportunities for Mindanao. There would also be a business matching.

Event chair Ruben Vegafria said they are expecting 1,500 delegates to the business convention. (pna)

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