The recently concluded gathering of city mayors from Asean member countries in China, which was participated in by Davao City, is seen as a big boost to the economic agenda of the city, an official said Wednesday.
Davao City administrator and lawyer Zulieka T. Lopez noted that based on what have they discussed during the trip to China’s Nanning City, the connectivity established between Asean cities following the forum is seen as beneficial for the city as it opens up to foreign investors and tourists.
Asean stands for Association of Southeast Asian Nations. Member countries are the Philippines, Thailand, Cambodia, Laos, Burma, Vietnam, Singapore, Malaysia, Indonesia, and Brunei Darussalam.
The China-Asean Mayors Forum 2016 highlighted the ’21st Century Maritime Silk Road’ and ‘China-Asean Urban Community Building’, focussing on the cooperation between China and Asean cities such as Davao.
The forum resulted in the signing of a number of cooperation projects between China and cities from Asean countries.
Lopez was joined by Davao City Investment and Promotion Center chief Lemuel Ortonio and City Tourism Officer Generose Tecson in representing the city government to forum.
“The forum was all about the One Belt, One Road,” she said. “They are hoping that the Asean countries, which the Philippines is a part of, will unite together in terms of the objective of connectivity not just on digital but also in infrastructure.”
Lopez also said the Asian Infrastructure Bank has offered loan funding on the infrastructure projects of Asean cities to attain the objectives.
The goal of the Asean, she said, would benefit a city in terms of the economy.
“It good for us because investments are coming in,” she said. CIO