Taiwan chamber exec eyes potential Bohol investments

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Taiwan chamber exec eyes potential Bohol investments

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A top Taiwan Chamber of Commerce and Industry (TCCI) official is seeing potential investments in Bohol, where a new airport of international standard is to start commercial operations before yearend.

Gov. Edgar Chatto on Thursday welcomed David Huang, vice president of the TCCI in the Philippines, on his first visit in the province to explore investment opportunities.

Huang manifested to Chatto Taiwan’s increasing interest in Bohol as investment and tourism destination.

Tourism and agriculture were areas of their key discussions.

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Taiwan is also eyeing for direct flights from its capital, Taipei, to Bohol once the new Bohol Panglao Airport is operational beginning in August, this year.

Taiwan is a small island-nation and a partially-recognized state in Southeast Asia, yet it is the most populous state and largest economy that is not a member of the United Nations.

The economy of Taiwan is the seventh largest in Asia and included in the group of advanced economies by the International Monetary Fund.

It is gauged in the high-income economies group by the World Bank and ranked 15th in the world by the Global Competitiveness Report.

The so-called “Taiwan Miracle” or Taiwan Economic Miracle refers to the rapid industrialization and economic growth of Taiwan during the latter half of the 20th century.  

Meanwhile, Chatto also welcomed to Bohol last week an important visitor from another Asian country, Indonesian Deputy Ambassador to the Philippines Budi Dhewajani.

They were joined at a reception party by Acting Vice Gov. Venzencio Arcamo, Provincial Board Members Abeleon Damalerio and Ricky Masamayor, Provincial Administrator Alfonso Damalerio II, Bohol Chamber of Commerce and Industry President Albert Uy and Bellevue Resort General Manager Romel Gonzales. (Ven rebo Arigo)

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