DAVAO CITY—The China-Asean Mayors Forum 2016 in China, which delegates from Davao City joined, has attracted foreign investments to the city, an official said Wednesday.
City administrator and lawyer Zuleika Lopez said the Asian Infrastructure Bank has also offered loans to fund projects in Asean cities.
The forum in Nanning City discussed the “21st Century Maritime Silk Road” and “China-Asean Urban Community Building” with a view to the cooperation between China and Asean cities such as Davao.
“The forum was all about the One Belt, One Road,” Lopez said. “They are hoping that Asean countries including the Philippines will pursue connectivity both digital and infrastructural.”
Davao City Investment and Promotion Center chief Lemuel Ortonio and City Tourism Officer Generose Tecson also attended the forum. Asean or the Association of Southeast Asian Nations is composed of the Philippines, Thailand, Cambodia, Laos, Burma, Vietnam, Singapore, Malaysia, Indonesia and Brunei Darussalam.
