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Cebu eyes more investments

Cebu is pursuing investments in artificial intelligence security research and development, electric motorcycle battery assembly and light manufacturing, with projects potentially generating jobs as early as 2027.

Global strategist Brian To, consultant to the Cebu provincial government, said several ventures are undergoing due diligence and partnership negotiations following the Cebu Economic Forum 4.0 on Sept. 8 and 9, which drew 515 participants from 13 countries.

One proposed venture involves three startups from Cebu, China and South Korea exploring an AI security research and development center.

Another would initially assemble electric motorcycle batteries before potentially expanding into components and complete vehicles.

VIDEÓ BY KAISER JAN FUENTES

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Transcript
00:00What's really happening around the world, how does what's happening around the world affect Cebu province?
00:07And how do we find our way in that chaos and in that noise?
00:13That's what's interesting.
00:14Why were these two senators among all the two countries?
00:19Why are these two senators?
00:24Because, well, it's arrogant to say so.
00:26It's okay.
00:27Well, they follow me, right? I follow them, they follow me.
00:31Because we're not new to this business.
00:34When we speak, you can't imagine how much we get paid elsewhere.
00:38You can't imagine.
00:40Of course you won't pay to listen to me, but you would pay to listen to them given the opportunity.
00:47Yes, sir.
00:48How many others?
00:50What does local results?
00:53And the government does not advise us?
00:57Prove our outcome probability.
01:00But we need to make sure that we have endorsement.
01:05Well, the experts, which is not me, the experts say 3.1.
01:11That's what we're looking at for next year.
01:14So it's revised to 3.1.
01:17I'm hoping we can outperform the country.
01:23So, I'm thinking if we continue, if we're given the opportunity to continue, in the next three years, four years,
01:35we should be able to get up to five.
01:37That's my ambition.
01:39Because?
01:41Because I believe that if you change the components, like culture, leadership, management, leadership practices, business practices, and you pursue
01:54FDI.
01:56About two years from now, when we're not in...
01:58Yes, you're having another...
02:00Well, you're always having an election.
02:01And if you're not having an election, you're getting ready for them.
02:05Even after the election, you can talk about the last election for one year before you get over yourselves.
02:11So you're perpetually.
02:13Everything's on.
02:14The whole country's talking about election.
02:16We're not talking about business.
02:19But this is people who are quite poor, because the target of the government is at least five.
02:24Yes.
02:25Well, that's my point.
02:26What's the strategy to get the five?
02:28Show me the components.
02:30Yeah.
02:30I don't believe it.
02:31That's the same.
02:33All of you, this is clearly represents 10, 10 and a half to 11 percent of the GDP.
02:48Easily works on 여기는.
02:48Thank you for being out here.
02:48I was young for myself.
02:49Thanks.
02:50Thank you, God.
02:52Alright, keep coming.
02:52Thank you, God.
02:53Hi, in Canada.
02:53Bye-bye.
02:53museum.ending.
03:00for help. No, you
03:02see I don't like this video. I don't
03:02I look forward to getting through it. All I don't
03:04want to connect you.
03:06You

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