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Italian investors show interest to pour investments in the city

BY JOEL CALAMBA ESCOL, Managing Editor

CAGAYAN DE ORO CITY Mayor Rolando “Klarex” Uy announced to the tri-media in Cagayan de Oro that two big investors from Italy have shown interest in pouring investments in the city.

As this developed, on Thursday, October 13, this year, Italian Consul to the Philippines Antonio Gallo and Vice President of the Italian Chamber of Commerce in the Philippines, Lorens Ziller, visited the Office of the Mayor.

It was learned that both Gallo and Ziller have talked to Mayor Klarex Uy and told the city mayor that they are interested in putting up some businesses in the city.

Mayor Rolando Uy (extreme right) welcomes the two bigtime investors in his office during a courtesy visit. (CMO File)

During the courtesy visit to the mayor’s office, both Gallo and Ziller were also accompanied by Italpinas Development Corporation (IDC) Chief Operations Officer Giuseppe Garofalo, IDC Senior Sales Director Gladys Echano, IDC Senior PR Manager and In-House Designer Arch. Giovanni Gusela, and IDC Senior Director for Operations Clara Elizaga. 

Also present at the courtesy call were Local Economic Development and Investment Promotions Officer (LEDIPO) John Asuncion, Cagayan de Oro-Trade and Investment Promotions Center (Oro TIPC) Consultant Eileen San Juan, Oro TIPC Assistant Department Head Raelita Legaspi, City Tourism Officer Chedilyn Aisa Dulguime, City Information Officer Ivy Guantero; and Oxanna Custodio, Hanin Laguindab and Daisy Flores Oga of the Oro TIPC, the CMO in a press statement said. 

Vice President of the Italian Chamber of Commerce in the Philippines, Lorens Ziller exchanging ideas with Mayor Klarex. (CMO File)

Meanwhile, the Italian investors also visited Primavera City, a four-phased mixed-use development offering multi-faceted modern living at uptown Cagayan de Oro City. 

Primavera City, which is a high-end condominium project in Cagayan de Oro, was a prime project of Italpinas Development Corporation, it was learned.

Primavera Residences is the first condominium complex in Cagayan de Oro City and a pioneer of green and sustainable building in Mindanao. It is skillfully designed to reduce impact on the environment as well as construction and maintenance costs.

Photo shows the Primavera Residences, the prime condo project of Italpinas Development Corporation.

About Primavera Condominium

Owned and developed by Italpinas Euroasian Design and Eco-development and architectural services company that emphasizes on ecologically sound and state-of-the-art design technologies.

The company is allied with several real-estate development, environment technology and renewable energy establishments in Italy and the Philippines, and a sustaining member of the Philippine Green Building Council.  

Primavera City – Citta’ Verde

Primavera City is a new seven-tower mixed-use development in Cagayan de Oro to be completed in four phases. The first phase will be the completion of Citta’ Verde, which will be home to 247 residential units.

Primavera City is the latest green building project by Italpinas Development Corporation (IDC), a design-driven developer committed to environmental sustainability.

Photo shows Primavera City, the new high-end condo project of Italpinas Development Corporation. (IDC).

Italian Consul to the Philippines Antonio Gallo and Vice President of the Italian Chamber of Commerce in the Philippines, Lorens Ziller, Top executives of Italpinas Development Corporation (IDC), and other local dignitaries, strike a pose with Cagayan de Oro City Mayor Rolando “Klarex” Uy. (CMO File)

Joel Escol
Joel Escolhttps://www.youtube.com/channel/UCK_sKdGFs0ewIh9R-iAskDg
Joel Calamba Escol is a journalist in the Philippines for more than 20 years. Currently, he is the Managing Editor of Mindanao Daily News, the biggest and most-widely read newspaper in Southern Philippines. He is also known as Noypi Vlogger in Youtube. You can follow him on the following social networking sites below.
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