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Business

DTI eyes Cebu as reg’l hub for conventions

Louella Desiderio - The Philippine Star

MANILA, Philippines - The local government of Cebu is urged to come up with a strategic plan to position the province as a regional hub for meetings and conventions, the Department of Trade and Industry (DTI) said.

Trade Secretary Gregory Domingo believes Cebu has the potential to become a hub for meetings and conventions being held in the Southeast Asian region.

 “Cebu, I think can be a regional hub for conventions. I think it has more chances than Manila,” he told reporters recently.

To realize the province’s potential as a regional hub for conventions, Domingo said the local government needs to work on a strategic plan.

“Cebu has to aspire to become a regional hub. It has to build more hotels. It has to push national government to build a bridge that will link the province to Bohol,” he said.

Cebu is being pushed as a regional hub for conventions given strong interest from foreign investors, as well as upcoming developments in the province.

Domingo said a lot of foreign investors have expressed interest to visit the province.

“Cebu is a more manageable city because it is small. The perception foreigners have is that it is less complicated in Cebu,” he said.

Apart from serving as a venue for conventions, Cebu also has resorts which delegates could visit right after their meetings.

“If it (Cebu) can be linked to Bohol, then you have a variety of choices,” Domingo said.

Cebu is likewise seen as a viable hub for meetings and conventions in the region as the Mactan-Cebu International Airport (MCIA) is undergoing an upgrade.

The MCIA expansion project is the first airport project to be awarded under the government’s Public-Private Partnership program.

Filipino-owned Megawide Construction Corp. and Bangalore-based GMR Airports Ltd. bagged the contract to undertake the MCIA expansion project.

The joint venture aims to transform the country’s second busiest airport into the world’s first resort airport.

 

AIRPORTS LTD

BOHOL

CEBU

CONVENTIONS

DEPARTMENT OF TRADE AND INDUSTRY

DOMINGO

HUB

MACTAN-CEBU INTERNATIONAL AIRPORT

MEGAWIDE CONSTRUCTION CORP

PUBLIC-PRIVATE PARTNERSHIP

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