Sunday, October 01, 2006

Central LUzon governors scout US investments

PALAYAN CITY - Gov. Tomas N. Joson 3rd, as chair of the Central Luzon Investment Coordinating Council, leads the team with Governors Josefina dela Cruz and Bellaflor Angara-Castillo, of Bulacan and Aurora provinces, respectively along with representatives of Zambales and Pampanga to scout investment in the United States.


The mission started last Sept. 26 will last until Oct. 4, the Manila Times learned.


Joson said in his letter to Trade and Industry Undersecretary Elmer Hernandez that the CLICC would meet with officials of various American companies. The team will specifically scout for investment in information technology.


The team also planned to exchange ideas on how the Philippines and Central Luzon could be promoted to foreign investors.


Joson said the Central Luzon provinces would take part in the 21st Philippine-American Exposition Home Show and Auto Show in Los Angeles, California.


CLICC had been actively promoting Central Luzon through road shows and promotions. The latest mission went to Hong Kong earlier this year, and resulted in a visit to Clark Special Economic Zone in Pampanga of at least 300 Chinese businessmen who also went around the region to look for business opportunities, accding to Joson.


The Nueva Ecija chief executive noted that Central Luzon hosts the Subic Bay Freeport and the Clark and Poro Point investment areas , all former US military facilities that have been converted into business hubs.

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