MEDICAL VENTURE. Indian investors are set to put up seven nephrology centers in the Davao Region, three of which will be located in Davao City. In a press conference Wednesday (June 29, 2002), the Davao City Investment and Promotions Center assures that even amid the pandemic, the local government continues to attract investors. (Screengrab of online roadshow with Indian investors)
DAVAO CITY – The Davao City Investment and Promotions Center (DCIPC) has entered into an agreement with investors from India for the establishment of seven nephrology centers in the Davao Region, three of which will be established in this city.
In a press briefer Wednesday, Christian Cambaya, the DCIPC unit head for investor and assistance, said Indian investors have noted the high number of patients seeking dialysis treatment across the region.
“The investors from India are in the stage of securing their permits to operate in Davao City. Apparently, there is a high number of dialysis patients here,” Cambaya said.
Since 2017, the city ranks third in the country with the most number of patients with kidney diseases.
Cambaya said Davao City continues to garner big investors from overseas because of the presence of foreign envoys here.
“It is easier for them to connect with us and for us to connect with them because there are established linkages that help make the job convenient for both the investors and us,” he said.
Cambaya also noted that the new dialysis centers will open hundreds of employment opportunities for Dabawenyos in the medical practice.
Meanwhile, Cambaya said another big Business Process Outsourcing (BPO) company owned by an Indian group is looking into hiring over a thousand employees in this city.
The company could employ up to 1,500 agents in three years once they decide to set up shop here.
With this, Davao’s Bureau of Investors chief Gil Dureza assured the Indian investors that they can avail themselves of the national incentives that the BOI provides and the local incentives through the DCIPC. (PNA)
