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Businessmen, German foundation launch investor-relevant website

CEBU CITY, May 31 – The Cebu Chamber of Commerce and Industry (CCCI) and the AFOS Foundation for Entrepreneurial Development Cooperation of Germany have launched a website that aims to provide data for investors who wish to locate their businesses in the Visayas and Caraga regions.

The We-Can or “Working for the Enhancement of the Chamber & Association Network” website outlines the project of the CCCI and AFOS that covers selected chambers and industry associations in the Visayas and the Caraga region.

The We Can program hopes to provide the chambers in the Visayas and North Mindanao with capacity development to be able to maintain their function as the voice of the business sector.

”This website will help promote investments in the regional areas,” said Dr. Stephan Kunz, country director of AFOS, at the launching last week.

He said the economic factbook for Visayas and Caraga regions hopes to awaken the interest of investors in the We Can areas.

He said this would also serve as a touch point for the local chambers to be more involved in investment promotions.

”The small and medium sized enterprises (SMEs) are one of the sectors that will benefit from this project as this will push growth in the sector,” Kunz said.

He said the web structure was designed to deliver information needed by investors that would help them in their decision to locate their businesses in the Visayas and Caraga.

Aside from the economic, demographic, institutional and other relevant data, the website also outlines basic rules and principles in starting a business in the selected localities.

Kunz said that the data and information have been gathered through Internet research and leg work done by the economics department of the University of San Carlos in Cebu City.

The We Can program, which started late August, is funded by the German Ministry for Economic Development and Cooperation (BMZ) through the Foundation for Qualification and Vocational training (Sequa). <P>Among the current project partners of the We Can program are the business chambers in Butuan, Bislig, Bohol, Negros Oriental and Occidental, Catbalogan, Ormoc and Iloilo. Special projects are also planned in Siquijor and Catarman. (PNA) RMA/EB/re

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