HONG KONG – The Italian Chamber of Commerce in the Philippines Inc. (ICCPI), in partnership with the Italian Chamber of Commerce in Hong Kong and Macau, and EU-Philippines Business Network, organized an exclusive seminar on “Investing and Doing Business in The Philippines” held last September 13, in the prestigious venue of “The Center” in Hong Kong, to promote business development in the Philippines and investments in its several promising economic sectors.


FROM LEFT TO RIGHT: Mr. Lorens Ziller (Executive Director of the Italian Chamber of Commerce in the Philippines), Ms. Anna Romagnoli (General Secretary of the Italian Chamber of Commerce in Hong Kong and Macau), Secretary Benjamin Diokno (Dept. of Budget and Management), Arch. Romolo Valentino Nati (Chairman & CEO of IDC).

Architect Romolo V. Nati, Chairman, and CEO of Italpinas Development Corporation (IDC), was invited by the ICCPI to talk about the achievements of the company in the real estate and development sector.

IDC is an Italian-Filipino real estate developer committed to environmental sustainability through elegant architectural solutions and trademarks contemporary Italian aesthetic. The company’s projects are rated by EDGE-Excellence in Design for Greater Efficiencies, a green building certification system developed by the International Finance Corporation-IFC (a member of the World Bank Group). Furthermore, both Primavera Residences, in 2015, and Primavera City, in 2017, won Best Mixed-use Development Award in the Philippines Asia Pacific Property Awards, a world-renowned mark of excellence.

IDC has also been highly commended during the 2011 Southeast Asia Property Awards as the Best Condo Development and was awarded as “Leadership in Sustainability Design & Performance” during the 2016 Philippine Green Building Council Awards.

IDC focuses in developing green buildings in emerging cities of the Philippines, such as Cagayan de Oro City where the company’s flagship project, Primavera Residences, was built, followed by the eco-friendly mixed-use building, Primavera City, under construction in uptown Cagayan de Oro. Before the end of the year, the construction of the eco-sustainable Miramonti Green Residences, a mixed-use development featuring active and passive green technologies, is planned to begin in Sto. Tomas, Batangas.


Mr. Lorens Ziller (Executive Director of the ICCPI) and Arch. Romolo Valentino Nati (Chairman & CEO of IDC).

The notable speakers attending the seminar, such as Secretary Benjamin Diokno, Brigadier General Charito B. Plaza (Director General of PEZA), and Consul Antonio Morales, analyzed the development opportunities especially for European companies and their regional hubs in Asia by providing a clear picture of how it is possible for foreign companies to establish corporations, branches, subsidiaries, industrial production facilities and find reliable partners to assist merges and acquisitions in the Philippines.

Also in view of the government’s current push on the Build, Build, Build Programme, things are looking up for investors eyeing the possibility of investing and doing business in the Philippines, especially for real estate companies; and IDC stands as proof to this. With the growing success of the company, Architect Nati even recently disclosed in ANC, a local news channel, about the company’s plan on expanding the operations nationwide by developing projects in the Visayas, as well as raising funds by tapping the equities market within this year.

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This material and this presentation have been provided by IDC Development Corporation and is a general background on IDC current activities at the date of this presentation. The information is given in summary and does not purport to be complete. This presentation may contain forward-looking statements, including statements regarding our intent, belief or current expectation with respect to IDC businesses and operations, market conditions, and anticipated results of operation. IDC does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after date hereof to reflect the occurrence of unanticipated events. While due care has been used in preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts any hypothetically examples are subject to uncertainty and contingencies outside IDC’s control.