The Davao City Investment Promotion Center through the City Government of Davao recently participated in the 2nd Innovation Summit dubbed, “Convergent Innovations: Intensifying Gains in the Global Digital Economy” held at the SMX Convention Center, SM Lanang Premier from Nov. 7 to 9, 2024.

The groundbreaking event, organized by the Davao City Chamber of Commerce and Industry Inc. (DCCCII), promises to unlock unprecedented investment opportunities in the region. It discussed helping businesses immerse themselves in future technologies, and provided insights on how businesses, startups, and industries could prepare for emerging technologies, such as digital currency, renewable energy, and electric vehicles, while addressing challenges posed by climate change.

Technology, as one of Davao City’s preferred investment areas, has emerged as a prime hub for the Information and Communication Technology – Business Processing Management (ICT-BPM) industry in the Philippines, driven by: surging tech and BPO investments; highly skilled ICT talent pool; and continuous business environment improvements

Recognized as a Center of Excellence, Davao City attracts ICT-BPM companies, fueling demand for IT Parks and PEZA-accredited facilities.

About 300 participants consisting of key business players from the academe, digital nomads, e-commerce, overseas and local trade visitors representing importers, exporters, wholesalers, distributors, retailers, trading firms, department stores, investors, local and foreign chambers, policy makers, and media attended the event.

The three-day event featured 33 exhibitors showcasing technology and solutions, supporting Mindanao’s sustainable development goals. 

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