What's On & Expat February 24 - March 1, 2008
Investors robust on Aurora; 10 MOUs signed
by Vanessa R. Balagapo
Senator Edgardo Angara recently noted the potential of the province of Aurora as the country's primary tourist destination and investment haven.
According to Angara, the influx of domestic delegates during the summit is expected to raise local and foreign investments in the province.
A total of 10 Memoranda of Understanding (MOUs) for investments have been signed between private companies and the province of Aurora during the summit held recently in Clark, Pampanga.
Among the companies that signed and participated in the investment summit were United Coconut Planters Bank-CIIF Foundation, Asiapro Multipurpose Cooperative, Fundacion Santiago, Philippine Food Processors and Exporters Organization, Inc. (PHILFOODEX), Industry Development Corporation (IDC), Source Asia Business Inc., East-West Seed Co., Genius Billion Development Limited, TGA Farms, and NDC Maritime Leasing Corporation (NMLC). The companies expressed interest and pledged support to boost economic progress in the province.
The UCPB-CIIF Foundation has pledged 100 scholarship grants for the dependents of coconut planters in Aurora.
Asiapro Multipurpose Cooperative will recruit graduates from the different schools of Aurora to be deployed in several companies nationwide.