Monday, December 16, 2013

Tagum gears to become business-friendly city

By: Tagum City Information Office

CITY OF TAGUM, DAVAO DEL NORTE—Mayor Allan L. Rellon last week bared his administration’s ultimate goal of making this city a premier business hub that is friendly to businessmen and investors so as to provide more jobs for Tagumeños.

The local chief executive shared this thought in the sidelines of the blessing and inauguration of the newest Toyota Store in the Philippines, which is located along National Highway, Barangay Canocotan, this city, last December 11, 2013.

Mayor Rellon said it’s important for the local government to package the city as a good place for business, citing it would flourish the economic activity and would drum up the employment opportunities for Tagumeños.

The 6th City Council under the leadership of Vice Mayor Geterito Gementiza is currently working on the City Investment Code that will give leeway for potential investors such as tax holiday and tax incentives, among others.
Infrastructure development will also be prioritized by the local government so as to complement its objective of a viable city for business.

On the other hand, Mr. Michinobu Sugata, the president of Toyota Motor Philippines, said they see Tagum as one of the emerging cities to do business with, stating its prime location as a crossroad in the northern part of the Davao Region.

Toyota Tagum is a world-class full dealership facility that will cater the needs of Toyota owners in Northern Mindanao and is actually the third facility to rise in Mindanao, following the stores in Davao and General Santos City.
As of press time, big investments are already pouring in the city such as the one-billion peso international port in Madaum that is expected to generate 500 jobs by next year as construction begins.

Both Robinsons and SM Malls have also showed their interest in investing in Tagum.  (Louie Lapat of CIO Tagum)

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