The Negros Oriental Chamber of Commerce and Industry (NOCCI) has recently hosted luncheon business meeting with the German investor, Lucas Zaehringer, and his delegation to explore various business ventures in the 26,000-hectare Tamlang Valley development zone. The collaboration with Mr. Zehreigner aims to tap the economic potential of the area, which is poised to become a major economic hub for Agro-Agri-Aqua industries, Information Technology (ICT), and Eco-Tourism.
The visit marks a significant milestone in the ongoing effort to attract foreign investors and drive economic growth in Negros Oriental. With its rich natural resources and strategic location, Tamlang Valley has garnered attention from investors seeking to tap into the region’s untapped potential.
NOCCI Welcomes German Investor for Tamlang Valley Business Opportunities
The Negros Oriental Chamber of Commerce and Industry (NOCCI) recently hosted a luncheon business meeting with German investor Lucas Zaehringer and his delegation to explore investment opportunities in the 26,000-hectare Tamlang Valley development zone. The discussions focused on tapping the economic potential of the area, which is poised to become a major economic hub for Agro-Agri-Aqua industries, Information and Communication Technology (ICT), and Eco-Tourism.
Strengthening Foreign Investment Ties
The visit marked a significant milestone in the ongoing efforts to attract foreign investors and drive economic growth in Negros Oriental. With its rich natural resources, strategic location, and government support, Tamlang Valley has garnered significant interest from investors seeking to tap into the region’s untapped potential. NOCCI President Edward Du emphasized the importance of forging international partnerships to boost local industries and create employment opportunities.
“Tamlang Valley is a goldmine of opportunities, and collaborations like these are key to unlocking its full economic potential. We welcome Mr. Zaehringer and his team as we work together towards sustainable and inclusive growth,” Du stated.
Exploring Key Economic Sectors
During the meeting, discussions centered on the vast business prospects in Tamlang Valley, with Zaehringer expressing keen interest in various sectors:
- Agro-Agri-Aqua Industry: The area’s fertile land and abundant water resources make it an ideal location for modern agricultural projects, aquaculture, and agribusiness ventures. Investment in these sectors aims to increase local food production, improve supply chain efficiencies, and create a sustainable livelihood for farmers and fisherfolk.
- Information and Communication Technology (ICT): With the rising demand for digital infrastructure, NOCCI highlighted opportunities in ICT-driven solutions such as business process outsourcing (BPO), software development, and tech innovation hubs. Zaehringer’s delegation explored the potential of setting up a technology park in Tamlang Valley to foster digital transformation.
- Eco-Tourism: Recognizing Negros Oriental’s natural beauty and rich biodiversity, discussions included potential eco-tourism projects aimed at promoting sustainable tourism. Plans to develop eco-friendly resorts, nature trails, and adventure tourism activities were considered to attract both local and international visitors.
Sustainable Development and Infrastructure Plans
A crucial aspect of the discussions was the sustainable development of Tamlang Valley. Both NOCCI and the German investors underscored the importance of balancing economic growth with environmental conservation. The delegation reviewed plans for eco-friendly infrastructure, renewable energy sources, and waste management solutions to ensure responsible development.
Zaehringer expressed optimism about the investment prospects in the region, stating, “Negros Oriental presents a unique opportunity for sustainable business ventures. We look forward to working closely with NOCCI and local stakeholders to create a thriving business ecosystem that benefits both investors and the local community.”
Local Government Support and Policy Incentives
To facilitate investment, NOCCI has been working closely with local government units and relevant agencies to streamline processes and offer policy incentives. The chamber has advocated for tax breaks, ease of doing business initiatives, and infrastructure support to encourage foreign direct investment (FDI) in Tamlang Valley.
Governor Manuel “Chaco” Sagarbarria has reiterated his administration’s commitment to fostering a business-friendly environment, noting that strategic foreign partnerships will be crucial in realizing the province’s long-term economic goals.
Future Prospects and Next Steps
Following the successful meeting, both NOCCI and Zaehringer’s delegation are set to conduct further feasibility studies, site inspections, and investment planning sessions. NOCCI has also announced plans to organize an international business summit later this year to showcase Tamlang Valley’s full investment potential to a wider audience.
With foreign investors showing increasing interest and local stakeholders committed to economic progress, the Tamlang Valley development initiative is shaping up to be a transformative project for Negros Oriental. The collaboration with German investors marks a significant step forward in positioning the region as a key player in sustainable business and innovation.
As NOCCI continues to foster global partnerships, the future of Negros Oriental looks bright, with promising investment opportunities set to drive inclusive growth and long-term prosperity.