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Iloilo gears for nat’l investment summit


By Tara Yap

Iloilo City – The Iloilo Economic Development Foundation (ILED) is gearing for a national investment summit to improve the image of Iloilo.

“We hope this can pave the way for a successful investor conference while creating an empowered citizenry,” said ILED Chairperson Narzalina Lim during a Nov. 24 forum.

ILED and its partners in government and other sectors are starting to lay down the groundwork for an investment summit scheduled in Metro Manila on March 15, 2018.

“We have heard and seen Iloilo (being) subject of unsubstantiated and false claims that it has become bedrock of illegal drug trade. We all know that it’s not true,” said Senator Franklin Drilon, a native of Iloilo.

“Iloilo is not only open, but is in the best shape for investments,” Drilon emphasized.

Drilon added he would ask the National Economic and Development Authority (NEDA) to identify which areas in Iloilo can be further developed.

Architect Paulo Alcazaren, who designed Iloilo’s river park, gave updates on the redevelopment of the Iloilo Provincial Capitol during the forum.

There were also updates on the water and power services.

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