Binay convenes Makati Business Groups


Mayor Abigail Binay convened the Makati Business Development Council (MBDC) on Thursday to help the city government shape its long-term economic development strategy.

This is the first time the MBDC has met since the COVID-19 pandemic.

The city’s chief executive expressed confidence that the business council will help develop high-impact innovations and initiatives that will drive business growth, increase the city’s competitiveness and secure Makati’s stature as a destination. leading investment.

“As we come together again, we are charged with meeting the challenges of recovery and renewal in the years to come. The MBDC will play a critical role in providing advice and guidance on programs and initiatives that will help businesses in Makati restart, rebuild and grow,” said Mayor Binay, who also chairs the council.

The MBDC was established in January 2003 under the administration of Binay’s father, former vice president and mayor of Makati, Jejomar Binay, to bring together representatives of the business sector and discuss business-related issues.

The business council provided city leaders with information on investments and business concerns, developed sustainable plans, and promoted inclusive growth.

Under the current administration, Makati has forged strategic partnerships with industry leaders through public-private partnerships to promote better connectivity, mobility, resilience and sustainability in the city.

Among the city’s successful PPP projects are the Makatizen Card, the country’s first multi-purpose ID card that can be used to send or receive money, and the Makatizen App, the first digital citizen app that allows users to report crimes, emergencies and community concerns. .

Two infrastructure projects are also in the PPP pipeline – Makati Life Medical Center in District 1 and Metro Makati.

Binay also introduced 10 new MBDC members at the meeting. They are George Barcelon, president of the Philippine Chamber of Commerce and Industry; Calixto Chikiamco, President of the Foundation for Economic Freedom; Edgar Chua, president of the Makati Business Club; Michael Arcatomy Guarin, President of the Financial Executives Institute of the Philippines; Victor Andres Manhit, Managing Director and Managing Director of Philippine Stratbase Consultancy, Inc.; Sergio Ortiz-Luis Jr., President of the Employers’ Confederation of the Philippines; former Secretary of Labor Marianito Roque; Shinichiro Shimada, President of the Japanese Chamber of Commerce and Industry of the Philippines, Inc.; Frank Thiel, President of the American Chamber of Commerce of the Philippines, and Hyun Chong Um, President of the Korean Chamber of Commerce Philippines, Inc.

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