Ayala group sees Zambo potential PDF Print E-mail
Monday, 02 February 2015 15:15

A 21-man team from Manila Water, headed by Pres. and Chairman of the Board, Fernando Zobel de Ayala acknowledged on Friday, Zamboanga City’s investment opportunities.

During his privilege speech, the COO claimed to have felt the progressive leadership of Mayor Beng Climaco.

Mr. Zobel, came for Manila Water as it signed and executed an agreement with the Zamboanga City Water District (ZCWD) to govern their relationship as joint venture partners in the conduct of non-revenue water reduction activities.

Prior to the main event, Investment Officer Apple Go presented the economic scenario and comparative advantage of the city.  Go stressed that Zamboanga City is attracting investments from the BPO industry, especially now that outsourcing firms are looking for possible locations outside Manila and Cebu, where industry concentration has driven up labor and rental costs.

The city’s local dialect, Chavacano gives Zamboanga an edge in handling Spanish accounts.  The Instituto Cervantes, through Mayor Climaco’s efforts, will be in the city soon.

Engr. Jojo Sicat, City Planning Officer, discussed the viability of the proposed airport transfer.  A new site will ensure that efficient delivery of international and domestic flights will be adequately served.

Chairman Chris Arnuco gave the value propositions of ZAMBOECOZONE stating that “Our incentives mean business and we offer the lowest lease rates among competitors.”

Asked whether he thought twice of coming to Zamboanga, Mr. Zobel, with all sincerity, said the recent events did not bother him at all.  He mentioned there were several exchange of messages, asking him about the business trip, and he consistently replied, “We always honor our commitment.”

Ayala Corp., the country’s oldest conglomerate, has proven that with every challenge is an opportunity waiting to be conquered.  This investor’s confidence will encourage more business activities, which denote more economic returns in terms of jobs created and income earned. — PR investments office