The Negros Oriental Chamber of Commerce and Industry (NOCCI) officers led by President Edward Du, actively participated in the first Economic Summit and Investment Forum for the Negros Island Region (NIR). Hosted by the Metro Bacolod Chamber of Commerce and Industry (MBCCI), the summit brought together business leaders, government officials, and investors from across Negros Occidental, Negros Oriental and Siquijor.
NOCCI’s presence underscored its commitment to fostering economic collaboration and development across the entire Negros Island. Discussions focused on identifying key investment opportunities, strengthening inter-island partnerships, and developing strategies for sustainable economic growth. The summit provided a valuable platform for networking and knowledge sharing, strengthening ties between the business communities of the three (3) provinces. NOCCI’s participation highlights its proactive role in driving regional economic progress for the NIR.
NOCCI Joins First Economic Summit to Boost Negros Island Investment
The Negros Oriental Chamber of Commerce and Industry (NOCCI) officers, led by President Edward Du, actively participated in the first Economic Summit and Investment Forum for the Negros Island Region (NIR). Hosted by the Metro Bacolod Chamber of Commerce and Industry (MBCCI), the summit convened business leaders, government officials, and investors from Negros Occidental, Negros Oriental, and Siquijor.
Strengthening Regional Economic Collaboration
NOCCI’s involvement underscored its commitment to fostering economic collaboration and sustainable development across Negros Island. The discussions centered on identifying key investment opportunities, enhancing inter-island partnerships, and formulating strategies for long-term economic progress.
The summit provided a valuable platform for business networking and knowledge-sharing, allowing participants to gain insights into regional economic trends and challenges. By actively engaging in these discussions, NOCCI reaffirmed its dedication to advocating for policies that support business growth and regional investment.
Key Investment Opportunities Highlighted
During the forum, industry experts and government representatives explored investment prospects in various sectors, including:
- Agriculture and Agribusiness: Strengthening food security and enhancing the value chain for local farmers.
- Tourism and Hospitality: Positioning Negros Island as a prime tourist destination through eco-tourism and heritage tourism initiatives.
- Infrastructure and Logistics: Improving transportation networks, seaports, and energy infrastructure to facilitate trade and commerce.
- Renewable Energy: Advancing clean energy projects to ensure sustainability and attract eco-conscious investors.
- Information Technology (IT) and Digital Innovation: Expanding IT hubs and digital infrastructure to promote technological advancement and job creation.
NOCCI’s Proactive Role in Regional Economic Development
As a leading business organization in Negros Oriental, NOCCI played a crucial role in promoting collaborative efforts between the public and private sectors. President Edward Du emphasized the importance of regional unity, stating, “By working together, we can create a thriving economic environment that benefits businesses, communities, and future generations.”
The forum also served as an avenue for establishing stronger ties between the business communities of the three provinces. By fostering dialogue and cooperation, stakeholders aim to position the Negros Island Region as a top investment destination in the Philippines.
Enhancing Public-Private Partnerships
Government officials expressed their commitment to working alongside business organizations like NOCCI and MBCCI to create policies that attract investors and ensure a business-friendly climate. Their support will be instrumental in facilitating ease of doing business and reducing bureaucratic barriers to investment.
NOCCI’s active participation in policy discussions highlights its role as a key stakeholder in shaping the region’s economic future. The chamber continues to advocate for initiatives that drive regional growth while ensuring sustainability and inclusive progress.
Future Plans and Regional Economic Outlook
Following the successful summit, NOCCI aims to build on the momentum by engaging in follow-up discussions and initiating collaborative projects with other chambers of commerce in the region. The organization plans to spearhead investment promotion campaigns and business missions to attract both local and foreign investors.
MBCCI and NOCCI have expressed optimism about the future economic landscape of the Negros Island Region, with both chambers emphasizing the importance of continued cooperation and innovation-driven strategies.
NOCCI’s participation in the first NIR Economic Summit highlights its proactive efforts in driving investment and economic growth across Negros Island. By fostering business collaboration, advocating for strategic policies, and promoting key investment opportunities, NOCCI continues to play a crucial role in shaping the region’s economic future. As the Negros Island Region moves toward greater economic integration, the commitment of business organizations like NOCCI will be instrumental in ensuring sustainable and inclusive development.