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Chinese investors visit Guiuan; Evardone welcomes more businesses to the province

By BRYAN M. AZURA
July 27, 2007


Governor Ben P. Evardone poses with the prospect Chinese investors in Calico-an Island during the latter's recent on-site visit of the municipality of Guiuan. The group intends to establish various business ventures in the province.

GUIUAN, Eastern Samar  –  Governor Ben P. Evardone personally accompanied a group of 10 Chinese investors that visited very recently for a site survey to possible business ventures in this municipality.

Evardone said he is hopeful that the group of Chinese nationals will put up investments in the province, particularly in Guiuan, as economic potential in the area is very high. “We are grooming up Guiuan as the next eco-tourism hub in the country as the place offers a lot when it comes to tour sites, cultural and historical heritage, natural wealth and human resources,” Evardone said.

The prospect investors, all natives of Wuhan City of Hu-bei province in China, are eyeing on telecommunications, hotels & restaurants, agriculture developments, mining industry and other tourism related services as possible business enterprises that can be established in Guiuan.

The Chinese, led by Steve Yang, already have existing commercial industries in other parts of the Philippines and in Asia. “This group is convinced that there is huge economic future in Eastern Samar and is willing to help the province in improving its economic situation,” says Yang, apparently the only Chinese in the group who can speak English.

Mayor Analiz Kwan is likewise exuberant in welcoming the foreigners. “We will continue to promote Guiuan to attract more local and foreign investors,” Kwan said during the group’s courtesy call to the mayor upon its arrival. “As of the moment, you are very much a priority,” Kwan said to the Chinese nationals.

Recently, Governor Evardone and Mayor Kwan made a business trip to South Korea to forge an agreement with a Korean real estate company for the construction and establishment of 200-room Intercontinental Hotel also in Guiuan.

Evardone also divulged that another Korean company intends to put up a 700-room hotel in this southern municipality. “All we have to do is to improve the road conditions in the province, electric services and rehabilitate the already existing airport in Guiuan for commercial flights,” says Evardone, “and the project will certainly be pushed through.”

During his inauguration, the governor in his speech, reported as well that a Chinese company will soon start the construction of Amandaraga Hydropower Plant in Lawaan worth P700 million. The project is set to provide the energy requirements of four gateway municipalities Lawaan, Balangiga, Giporlos and Quinapondan.