SMC bullish on Zambo’s investment potentials PDF Print E-mail
Friday, 19 February 2016 11:45


The San Miguel Corporation on Wednesday sent a delegation to Zamboanga City to concretize its intention to invest in Zamboanga City.

As this developed, Mayor Beng Climaco expressed gratitude to San Miguel Corporation President Ramon Ang who sent an 8-man team composed of top executives to have a look-see of the potentials of the city. She said confidence on the city’s capability to be a key investment hub is very encouraging and the economic boom that the city has achieved in 2015 has bolstered the city’s economic dynamism.

The delegation led by Hercules Galicia, Executive Staff from the office of SMC President was composed of the heads of the Technical Services division and Project CSU, the project director, Executive Director for Foundation and the heads of SMC Archen Technologies and San Miguel Mills.

The group met with Mayor Climaco and Zamboanga Economic Zone and Freeport Authority Chair Christopher Arnuco in City Hall Wednesday morning to discuss investment opportunities. During the meeting, the City Investment Promotions Division presented the City’s investment profile while City Planning and Development Coordinator Engr. Rodrigo Sicat presented updates on plans to transfer the Zamboanga Airport to a new location.  Chairman Arnuco talked about the benefits that the company can get should it decide to invest within the Ecozone area.

After the City Hall visit, the group went on a site visit of of the proposed Zamboanga International Airport, Bolong beach, Zamboecozone, canned sardines plant and a ship building/repair facility. — Sheila Covarrubias