www.ideasforthecity.com/power-flood-problems-stall-iloi -
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Last Visited: 9/19/2008
Rex C. Drilon II, chief operating officer of Ortigas & Co. based in Pasig City and president of Iloilo Economic Development Foundation (I-LED) stressed the concerns are among challenges Iloilo should address for a favorable business climate.
Drilon was here to talk about "Building ICT (Information and Communications Technology) Investments in Iloilo" during an IT conference themed "Keeping Pace with the Global Trends" at the Capitol Wednesday.
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"The challenge is formidable - Iloilo City and Province are still saddled with: 1) the power problem, 2) flooding, 3) accessibility, 4) disunited leaders, and 5) the Ilonggo ‘comfort zone'," Drilon told the IT forum.
Unreliable and expensive power and perennial flooding have been the problems in the metropolis as a center of trade.
The Ilonggos are also considered "conservative" when it comes to new investments.
"What is a critical challenge for the city and provincial governments at present is to improve the investment climate, gain investors' confidence, generate substantially higher investments by both Ilonggo and non-Ilonggo investors and thereby regenerate the Iloilo economy," he pointed out.
Thus, Drilon suggested initiatives for Iloilo to work on what the ICT sector need.
Drilon urged the establishment and improvement of an ICT investment and sustainability plan; qualified manpower and manpower development program; ICT training institutions and facilities; utilities (telecom, power, transportation); infrastructure/ ICT Zones/ IT-friendly buildings; incentives to locators; tie ups with government agencies and industry associations; marketing and promotions; and peace and order.
Drilon said that several local economic blueprints have been in the works including the Iloilo River Master Development Plan, City Development Strategy, Iloilo City Strategic Plan (Roadmap), on-going AusAid-sponsored MIGEDC (Metro Iloilo Guimaras Economic Development Council) Master Plans for Tourism and Infrastructure, and Iloilo Province Strategic Plan.
Drilon even encouraged the local industry's key players to "Copy Cebu Approach."
Noting the Cebu success, Drilon highlighted "22 reasons to choose Cebu" including its economic track record; experience with foreign investors; telecom facilities and adequate utilities; business park/industrial parks; skilled and Internet-savvy labor pool; connected community; IT parks; international schools; hotels, recreational, resort and convention facilities; high-end residential areas; the shopping; 20 year head-start; government-private sector relations; international airport and seaport; peace and order; pleasant and hospitable place for business; critical mass/disposable income; entrepreneurial environment; hard work ethic; pro-business LGUs; pro-development/ proactive; independent business groups; and high quality of life. (Jeehan V. Fernandez.