Summit marks CL as preferred tourism, investment hub
CLARK FREEPORT— Central Luzon was positioned as a preferred tourism and investment destination within the Philippines in the inaugural edition of the Central Luzon Tourism Investment Summit and Business Exchange (CLTISBEX) at Hilton Clark Sun Valley Resort, here on May 4-5.
The two-day summit, spearheaded by the Department of Tourism (DOT) III, together with the Tourism Promotions Board Philippines and Subic-Clark Alliance for Development (SCAD), linked a roster of pre-selected local government units, freeport zones, and investment promotion agencies with 43 potential local and foreign investors to pitch their respective investment portfolios and unique offerings, packaging Central Luzon as an emerging centerpiece in national development through tourism and investment.
DOT Secretary Bernadette Romullo-Puyat said during her message that Central Luzon is now among the most favored investment and tourism destinations across the Asia Pacific region due to it being the home to premier economic zones, world-class gateways, and other expanding infrastructure facilities.
“This is just the tip of the iceberg, because, in this area, there is still so much potential for a number of industries not just for tourism. We expect massive and sustained growth in terms of hospitality, manufacturing, logistics, information and communication technology, and aviation-related industries,” she added.
SCAD Chairman Atty. Edgardo Pamintuan likewise highlighted vital infrastructures instrumental to the region’s strategic business landscape and stellar growth performance that investors should consider.
“The seamless infrastructure in the whole region mainly connected by the Subic-Clark-Tarlac Expressway, the premier economic zones, the Clark International Airport, and the Port of Subic soon to be connected by the Subic-Clark Railway is seen as a strong and symbiotic relationship of public and private stakeholders.”
Delegates were able to build sales leads and calendar further exploratory meetings and field visits to actual investment areas during the hybrid business-to-business networking session. Among them were the Bases Conversion and Development Authority, Subic Bay Metropolitan Authority, Clark Development Corporation, Authority of the Freeport Area of Bataan, Tourism Infrastructure and Enterprise Zone Authority, Mt. Samat Flagship Tourism Enterprise Zone, Luzon International Premier Airport Development Corporation, Provinces of Nueva Ecija and Tarlac, and Cities of Palayan, San Jose Del Monte, and Capas.
The CLTISBEX was organized to allow existing and potential stakeholders to tap sustainable tourism and investment opportunities while promoting Central Luzon as a preferred destination for tourism-industry businesses.END
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