Chinese groups target Davao as major investment destination

Published on : Monday, December 5, 2016

davaoChinese nationals are targeting the city of Davao as a major investment and tourism destination.


As many as 20 bankers and their spouses are expected to pay visit to Beijing for a three-night, four-day tour anytime quite soon. Alex Divinagracia, Vice President for Travel and Tours of the Davao Tourism Association or DATA said that this tour would be the very first one wherein organized Beijing groups would visit this place.


He went on to add that they groups who would be travelling are not ordinary tourists but big spenders of China.


Alex also added that of late, a large number of tourists have been visiting Philippines and among the places in the country that has been benefitting to the maximum extent is Davao.


Jean Rose Tecson who is the City Tourism Officer said that a group of about four tour operators from Xiamen. Currently, they would be in the city from 3rd till 7th December.


A team of Chinese investors are also expected to visit Davao City next year. Their aim would be to check the various opportunities in the field of tourism, real estate and infrastructure.


Bernard Al-ag, the Davao City Council Majority Floor Leader said that Chinese investors would be visiting Davao next year to check if there were suitable opportunities with respect to investments in real estates and other fields.


He said that they had offered the Chinese investors the TRIAD (Three Ridges Integrated Area Development) that has been categorized as a tourism development zone.




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