Thursday, October 8, 2015

Now is the best time to invest in Talikud



Davao City, October 7, 2015 – Investors who are keen on reaping a return of their investments in the future should invest in the Island Garden City of Samal now, particularly in Talikud.

Governor Rodolfo del Rosario said that today is the perfect time for capitalists to put their money in the island while prices of properties are still relatively low.

“This is the perfect time to invest in Samal, particularly in Talikud” he said, as he made a pitch for the city before the participants of the Brunei Darussalam, Indornesia, Malaysia, Philippines – East Asian Growth Area (BIMP-EAGA) Trade and Tourism Investment Conference at the Marco Polo Hotel, here, on Monday.

He assured investors to earn income and see their capital investment appreciate over time, as tourism and commercial activities are expected to grow more intensive in the coming years.

He also revealed the crafting of the comprehensive tourism security and safety plan in the island to ensure the safety of tourists and investors and to prevent a repeat of the recent untoward isolated incident in the city.

Del Rosario heralded both the tourism and trade advantage of Samal, highlighting its natural beauty, rich marine resources, and close proximity to the bustling city of Davao.

He featured the best attraction of the island include “pristine white-sand beaches, world-class diving sites, local handicrafts and delicacies and the warmth of its people,” that lend its potential to be the top tourist and investment destination in the south.

He also invited the investors to pour capital to over P1 billion-worth of infrastructure projects meant to address the infrastructure requirement and increase connectivity, especially in Talikud.

He revealed that over 400 hectares of cheap open properties are available in Talikud for tourism market and investment, either for sale, rent, or joint venture.

The governor is promoting particularly Talikud because of the commitment of the provincial government to the Open Beach Line Project in the island, under the Canada-funded Local Governance Support Program for Local Economic Development ( LGSP-LED).


Through the project, Talikud became the model in sustainable tourism development and enhanced competitiveness and investment promotion in the Davao Region.

The province has started to prepare the quality skilled workforce needed to meet the demands of investors, as well as, the increase of tourist arrivals in the island.

Del Rosario also expressed optimism the Samal’s great prospect as investment and tourism hub will be bolstered by the coming construction of the Samal Bridge.

He earlier called the proposed project as a “bridge of change” that will link the people of the island to a better future. (Noel Baguio-PIO DavNor)

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