Talikud Island in Samal now ready for investment

DAVAO DEL NORTE, Oct. 6 (PNA) — The provincial government of Davao Del Norte urged investors to invest in properties in Talikud Island Island Garden City of Samal (IGACOS) which have relatively low prices.

”This is the perfect time to invest in Samal, particularly in Talikud and today is the perfect time for capitalists to put their money in the island while prices of properties are still relatively low”, Governor Rodolfo del Rosario said during the Brunei Darussalam, Indonesia, Malaysia, Philippines – East Asian Growth Area (BIMP-EAGA) Trade and Tourism Investment Conference at the Marco Polo Hotel on Monday.

The governor added that over 400 hectares of cheap open properties are available in Talikud for tourism market and investment, either for sale, rent, or joint venture.

He also invited the investors to pour capital to over PHP1-billion worth of infrastructure projects meant to address the infrastructure requirement and increase connectivity, especially in Talikud.

Del Rosario is promoting Talikud because of the commitment of the provincial government to the Open Beach Line Project in the island, under the Canada-funded Local Governance Support Program for Local Economic Development (LGSP-LED).

He assured investors to earn income and see their capital investment appreciate over time, as tourism and commercial activities are expected to grow more intensive in the coming years.

The provincial government has also crafted the comprehensive tourism security and safety plan in the island to ensure the safety of tourists and investors and to prevent a repeat of the recent untoward isolated incident in the city.

Through the project, Talikud became the model in sustainable tourism development and enhanced competitiveness and investment promotion in the Davao Region.

The province has started to prepare the quality skilled workforce needed to meet the demands of investors, as well as, the increase of tourist arrivals in the island. (PNA)