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Gov’t mulls foreign resort investors for Davao Oriental


[ Manila Bulletin Online ] January 25, 2009


DAVAO CITY – The Board of Investment (BoI) in Mindanao will conduct a series of promotions on the new concept of developing the white sand shorelines of Mati City in the province of Davao Oriental.


Gil Dureza, BoI-Mindanao chief, said that the first leg of the campaign will be in Boracay Island in Malay, Aklan on May this year.


It was learned that the BoI will invite at least 10 world-renowned firms that have already invested in Boracay, Dureza told members of the media during the recent Club 888 press forum at the Marco Polo Hotel here.


"We will convince those prospective investors that the white sand coastline in Davao Oriental is a potential site for investments," Dureza said.


He said that the second leg of the roadshow will be in Bali, Indonesia.


He, however, declined to reveal when will be the next roadshow.


Dureza said Davao Oriental has a 400-kilometer span of beachline, where between 60 to 70 percent of it is rich in white sand, while Boracay has only an eight-kilometer stretch of white sand beaches, he added. (Ben D. Arche)

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