ITALPINAS SPEARHEADS VERONA-CDO SISTER CITY PROJECT

Expressing the intent for Cagayan de Oro City to partner and become a sister city of Verona, Italy, the Office of the City Council presented Resolution No. 13023-2018 stating the “City’s desire and interest to forge a Sister City relation or twinning agreement with the City of Verona, Veneto Region, Italy, with the end in view of promoting mutual understanding and goodwill as well as technical exchange and cooperation on the various dimensions of local governance.”

Lorenz Ziller, Executive Director of the Italian Chamber of Commerce in the Philippines Inc. (ICCPI), personally appeared in the City Hall last October 30, 2018 and met Mayor Oscar Moreno and Eileen San Juan, Local Economic & Investment Promotion Officer (LEIPO) along with Clara Marie Elizaga, IDC’s Director for Corporate Affairs and Frances Mae Galvez, IDC’s Brand Manager, for the handover of the invitation letter and City Council Resolution for the City Sisterhood Proposal.

Italpinas Development Corporation (IDC), a green-real estate developer who started its roots in Cagayan de Oro City with developments like Primavera Residences and Primavera City, takes pride as the forerunner in the said partnership in coordination with the Local Government Unit of the city.

“As a Kagay-anon, we can anticipate an immense potential with this partnership as we look forward growing together through advancing trade and culture by partnering with European countries,” said Clara Marie Elizaga, IDC’s Director for Corporate Affairs.

THEA FRANCESCA TABUDLONG || Content Writer & Marketing Support Assistant

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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.