Palawan Gov. Alvarez meets with Malaysian traders for possible joint venture collab
POLITIKO - The bible of Philippine Politics.
Palawan Governor Jose Ch. Alvarez has recently met with key business players from Malaysia for possible explore joint-venture collaborations in various sectors.
The two parties eye to collaborate on Agribusiness, Tourism, Pharmacy, Health Care, Internet Links, Quarry, Road Networks, and Manufacturing industries.
The said meeting was in connection with the Brunei Darussalam, Indonesia, Malaysia, Philippines – East ASEAN Growth Area (BIMP-EAGA) Business Council visit held last July 18 at the Provincial Capitol Grounds.
During the meeting, the department heads of the provincial government discussed the status of the business sector in Palawan with business leaders Datuk Roselan Mohammed, National Chairman of BIMP EAGA-Malaysia, Datuk Sia Teong Heng, CEO of SBC Corporation Berhad, Mr. Lewis Leiw of Kajang Rocks Quarry, Mr. Lee BK of Sterling Pharmaceuticals, Datuk CG Tan of Forever Living, Mr. Tan Hong Keng of Hong Leong Financial Group, Datuk Venkata Chellam of Chellam Plantations, Mr. Darren Lee of Cement Packaging Business and representatives from Palawan Chamber of Employers Commerce and Industry Inc.
Datuk Roselan Mohammed said that there is a need to develop and modernize the traditional Palawan–Malaysia trade corridor to further stimulate the economic activity in this area.
He added that the BIMP EAGA Business Council will continue to support the five pillars of the BIMP-EAGA and pursue investment projects that prioritize the sub-region’s thrusts such as energy, tourism, infrastructure, connectivity, and agribusiness, among others
“We are looking forward for some investments here in Palawan. We should have a strong connection as business partners and we’re glad for the opportunity to listen to the discussants about how Palawan strived for success especially in tourism sector.” he said.
After the parties agreed that the business meeting session is expected to come up with project proposals leading to partnerships that will further contribute to achieving the goals of the BIMP-EAGA Vision 2025.
