Naga, business leaders mark 6th Bicol Business Week
June 27, 2010 10:43 am
By Jason B. Neola
NAGA CITY, June 26 — All systems are go for the 6th Bicol Business Week (BBW)on Sunday, an event hailed here as an “excellent venue for national and multinational companies to explore opportunities in the Bicol Region.”
Alberto R. Bercasio, president of Metro Naga Chamber of Commerce and Industry (MNCCI), said other than showcasing and promoting the best of Bicol trade and commerce, the activity also serves as an update on new investment areas, technologies and other product trends for local traders and entrepreneurs, as well as “outside” investors who wish to do business in Bicol.
This year’s BBW will be attended by the presidents and leaders of all business chambers in Bicol, the vice president for South Luzon, representatives from multinational companies and local government units who want to showcase their new products and innovations.
High-tech devices that facilitate the development of renewable energy and garbage recycling are among the state-of-the–art industries that will be viewed in the trade exhibitions.
Renewable energy comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat.
In 2006, about 18 percent of global final energy consumption came from renewables, with 13 percent of which% coming from traditional biomass that was mainly used for heating, and 3 percent from hydroelectricity.
New renewables (small hydro, modern biomass, wind, solar, geothermal, and bio-fuels) accounted for another 2.4 percent and are growing very rapidly.
The new technologies and products will be presented to the public through the week-long exhibit, which starts Sunday at the outer grounds of the city’s Central Bus Terminal in the Central Business District 2 (CBD 2) here, the city’s newest trading and shopping hub.
At least 75 booths are to be occupied by different Manila-based and local exhibitors.
Magno Conag, this year’s BBW chairman, said that a job's fair will complement the affair.
Manila-based manufacturers, businessmen and exhibitors, including those coming from other parts of the region, will also gain from business-matching opportunities for the duration of the regional business week.
BBW is an investments promotion initiative which has been institutionalized by the MNCCI and the city government of Naga aimed at putting Naga and Bicol in the business map in this part of Luzon.
The event also aims to enlighten the public on environment protection programs and the prospects in green investments.
One of the event’s traditional highlights is the annual search for outstanding Bicolano businessmen/women dubbed as the Halyao Awards. Halyao is a pre-Spanish native word for trader. It pays tribute to enterprising local businessmen who have excelled in their chosen field and contributed in large measure to product enhancement, job generation and nation-building.
It is being undertaken through collaboration with other public and private agencies such as the Department of Trade and Industry (DTI), Department of Science and Technology (DOST), the Department of Agriculture, the Philippine Tourism Authority (PTA), and the different exhibitor companies and local government units.(PNA)
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