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Exporters’ showroom to rise in Clark

CLARK FREEPORT – The Clark Development Corporation (CDC) and the Philippine Exporters Foundation, Region III, Inc. signed a lease agreement for the establishment of a facility that would showcase locally made export-quality products.

CDC President Benigno N. Ricafort and Philippine Exports Foundation President Randy G. Viray signed the agreement that has a lease term of 15 years with an expected P3.7 million investments.

Ricafort said the CDC and Philippine Exports Foundation’s collaboration aims to establish a tourism café, lifestyle showroom; trading house and pasalubong center for manufactured products in Central Luzon.

He added that the project would rise in a 1,543-square meter area along C.M. Recto Highway here.

Ricafort said the showroom will display furniture, home accessories, lanterns, and food products, among others.

“Central Luzon, specifically Pampanga, is the home to the country’s finest furniture makers whose products found their niche in equally finest stores in the world,” Ricafort said.

But Ricafort lamented that locally-made products seem to lack a showcase center where hotels and owners of residential establishments can scout for top- and world-class merchandise.

“There is a lost of opportunity for local traders since there is nowhere to see a collective presentation or showroom of their products,” Ricafort said.

“Even foreign buyers who want to take a look at these products will have to go to factories in different areas where they are located and this poses inconvenience to them especially if they are under a tight schedule,” he added.

Ricafort said establishing a tradehouse inside the Clark Freeport “would be a boost to our ailing exports and assist manufacturers in riding this tide of recession and uncompetitiveness out.”

He added that the showroom can run parallel to the Department of Trade and Industry’s (DTI) “One town, one product” (OTOP) program and the Pasalubong Center and Tourism Café.

“As a matter of principle and in support of the flagship program of President Gloria Macapagal-Arroyo on providing employment, this project hopes to retain and even generate more jobs for the Kapampangans,” Ricafort said.

“By helping exporters, we help create jobs,” the CDC president stressed.



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Thursday, January 14, 2010 All News & Press Releases Archive, News

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