Mindanao-traders-join-Asias-biggest-trade-show-in-SingaporePHILIPPINES’ BEST The Philippine pavilion, which showcases the best of the country’s products, is among the attractions during 19th Food and Hotel Asia (FHA) 2014—considered as Asia’s largest food and hospitality trade event being held this week at the Singapore EXPO Convention and Exhibition Centre. Mindanao-based companies participate in the trade fair, which features more than 3,000 companies from 65 countries.

In an effort to forge stronger business links and penetrate further the Asian market, Mindanao-based companies participate in the 19th Food and Hotel Asia (FHA) 2014, considered as Asia’s largest food and hospitality trade event being held this week at the Singapore EXPO Convention and Exhibition Centre.

A Philippine pavilion that showcases the best of the county’s products is among the attractions in the trade fair, which features more than 3,000 companies from 65 countries.

The Davao City government, through the Davao City Investment Promotions Center (DCIPC), organized a business forum to facilitate trade and business matching activities between the Philippine delegation and the participating international buyers.

“We are deeply encouraged by the interest of no less than Singapore President Tony Tan Keng Yam to invest in the country, and his recent visit to the Philippines sends strong signals for the enhancement of bilateral relations at various levels,” said Luwalhati Antonino, chair of the Mindanao Development Authority (MinDA).

She added that Mindanao’s participation in the FHA 2014 is aimed at forming a solid bedrock to develop Mindanao-Singapore ties, and facilitate Mindanao-based companies in penetrating fully the Singapore market and, eventually, the rest of Asia.

Among the participants in the FHA 2014 from Mindanao are Sagrex, an agri-based company involved in the processing and exporting of high-quality food products; Mega Sardines, a top producer of high-grade sardine products; Universal Canning, one of the largest marine industrial conglomerates in the country; and Philippine Fresh Fruits Corporation, an exporter of high-quality agricultural products such as banana and pineapple.

Mindanao’s participation in the FHA 2014 is also part of the country’s preparation for hosting the 2nd Brunei Darussalam, Indonesia, Malaysia, and the Philippines-East ASEAN Growth Area (BIMP-EAGA) and Indonesia, Malaysia, and Thailand Growth Triangle (IMT-GT) Trade Fair and Business Leaders’ Conference—the biggest trade fair and business conference that will gather top traders from the two subregional economic groupings within the Association of Southeast Asian Nations (ASEAN).

“Our participation in the FHA 2014 is also an opportunity for Mindanao to position its companies as viable partners of Singaporean counterparts, as well as encourage these potential investors to visit Mindanao and participate in the upcoming BIMP-EAGA and IMT-GT Trade Fair and Business Leaders’ Conference,” said Antonino, who is also the Philippine Signing Minister for BIMP-EAGA.

She added that securing a larger number of participants from various Asian countries to attend the BIMP-EAGA and IMT-GT Trade Fair will strategically showcase the huge investment potentials of the two subregions to the rest of the world.

The trade fair, which will be held from October 23 to 26 at SM Lanang Premier in Davao City, will feature globally competitive products, technology innovations, and investment opportunities in the member-countries of the two growth triangles. Countries from other ASEAN member-countries are also expected to take part in the trade show and its side events, which includes a golf tournament, a film festival, and an Information and Communications Technology (ICT) Summit.

The four-day event is also a commemorative celebration of BIMP-EAGA’s 20th anniversary. BIMP-EAGA was launched in 1994 in Davao City as a key strategy to accelerate social and economic development in the less-developed areas in Brunei Darussalam, Indonesia, Malaysia, and the Philippines.

The IMT-GT, on the other hand, was formed in 1993 with similar goals of promoting trade, investment, and tourism in the less-developed states and provinces in Sumatra, Indonesia, Peninsular Malaysia, and Southern Thailand. Both subregional groups aim to harness private sector leadership in initiatives to promote cross-border investments and improve connectivity.

People in this conversation

Leave your comments

Post comment as a guest

0 / 300 Character restriction
Your text should be in between 10-300 characters
Your comments are subjected to administrator's moderation.
terms and condition.