DTI presents investments potentials of Sogod Bay to Taiwanese businessmen

By Bong Pedalino

Southern Leyte -- The trade and investment possibilities in the sprawling Sogod bay area of this province, particularly on aquamarine development among others, were already presented to top businessmen of Taiwan, according to Mike Nunez, Provincial Director of the Department of Trade and Industry (DTI).

The presentation was made during the Visayas Trade and Investment Mission to Taiwan conducted in the first week of November last year, Nunez said at the DYSL Kapihan sa PIA forum yesterday.

"Our focus in the presentation was the potential of Sogod bay, on aquamarine industry and information communication technology (ICT). We zeroed on Sogod for tourism and vast prospects for agriculture," said Nunez.

He cited a Taiwanese businessman they met who was successful in his Lapu-lapu culture and breeding which was sold to China, a ready market.

This guy had come to the Philippines to gather his initial Lapu-lapu stock and since then he was breeding on his own using appropriate technology, a disclosure that shocked the Filipino visitors.

The business trip to Taiwan was footed by the provincial government. Participants came from the three regions in the Visayas, Regions 6, 7, and 8.

For Region 8, Nunez said five came from Southern Leyte and two from Eastern Samar, the Mayor and the Manager of the Water District there.

Delegates from Southern Leyte included Sangguniang Panlalawigan (SP) Member Albert Esclamado representing the province, two businessmen from the private sector -- Dr. Glenn Gerona and Arthur Marte -- Dominador Clavejo, the provincial head of the Department of Science and Technology (DOST), and Nunez.

The Taiwanese businessmen were very receptive to the presentation and were even eager and keenly interested to come to Southern Leyte in person anytime this year in order to consider the specific area where they can invest, Nunez revealed. (PIA-Southern Leyte)

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COMMENT:
Indeed, Leyte is full of economic potential. People are just not keen enough to look and spot opportunities. Most of the time, these opportunities are under their noses. But when others grab these opportunities, especially if they're foreigners, that's when they feel bad about it. That's the only time that they recognize these unclaimed opportunities - a sad fact among Filipinos. We really don't have to go to other countries for greener pastures. Our country has already provided us with 'GREENER' ones. Filipinos are simply NOT recognizing them.