Guv Davide to woo Japanese investors

Board of Trustees of Toyo University

Governor Hilario P. Davide III is set to make a pitch to the Japanese resource and business institutions thru Public-Private Partnership (PPP) investments in separate meetings scheduled by the Toyo University Asia PPP Institute with various investors on August 3-7.

The week-long trip will start in Tokyo. He will attend the presentation of the final report of Toyo University’s study in Cebu last February along with Japanese audience. This will be held at Toyo Otemachi Satellite Office in Tokyo.

“We were invited by the Toyo University study team to attend the presentation of their final report together with Japanese business community for possible business venture and to participate in the international PPP forum,” said Davide.

Toyo University Asia PPP Institute conducted the PPP study last February 2-8. It focuses on four key areas such as land use plan, health services, disaster preparedness, and the Mega Cebu development plan.

Capitol senior consultant Rodrigo Lachica Jr. and Cebu Investment Promotion Office (CIPO) Chief Benjamin Yap both said that the Japan visit sets up the stage for the Cebu delegation to various meetings with resource institutions and potential investors for possible partnership.

Yap said the audience in the presentation of Toyo PPP study may already have interest in investing Cebu. “This will enable the governor to meet them, know their preliminary needs and we proceed from there,” he added.

From Tokyo, Davide and the Cebu delegation will proceed to Yokohama City and to Saitama Prefecture to meet the local officials as well as private companies and public institutions.

In Yokohama, the governor has scheduled meetings with Mansei Recycling Systems, and other business companies under the Yokohama Partnership. Mansei Recycling Systems implemented a small plastic recycling plant at Inayawan Landfill in Cebu City under JICA-Cebu City Agreement.

Gov. Davide will also get a learning experience on how a public institution effectively discharges its function especially in disaster risk reduction and management. The Capitol aims to build a disaster risk reduction and management emergency research and command center that can also hold capability building training. The delegation will see how a Japanese command center managed by a local government works when he will visit Saitama Prefecture.

The Governor will also pay a courtesy visit to the Japan International Cooperation Agency Headquarters in Tokyo. He is expected to meet JICA Vice President Kuroyanagi Toshiyuki, Deputy Director General Sugano Yuichi and Deputy Director Yoshida Toru. He will personally convey the gratitude of Cebu Province for the assistance given by JICA, especially to the Mega Cebu Roadmap Study, including the update of the 1994 Cebu Integrated Area Development Master Plan Study.

He is accompanied by Provincial Board (PB) Members Peter John Calderon, Christopher Barricuatro, author of Cebu’s investment code and PPP ordinance, and Jude Thaddeus Durano-Sybico, vice chair of the committee on planning and development, Slovakia’s honorary Consul Antonio Chiu, member of Cebu Investment Promotions Board and University of San Jose-Recoletos- College of Law Dean Jonathan Capanas.