BY RAÑEL P. FUENTES/PSSC INTERN
MINDANAO Development Authority (MinDA) Secretary Leo Tereso A. Magno and foreign business leaders have jointly declared that Mindanao is a safe and lucrative place for investments.
During the Mindanao Development Forum at Acacia Hotel on Wednesday, July 24, he emphasized that Mindanao has made significant strides in terms of peace and order, economic growth, and infrastructure development.
Magno cited MinDA’s recent study on “Mindanao’s trust, respect, and safety” as proof of the island’s improved security situation, and this study assessed resident’s perceptions of safety, police conduct, and overall satisfaction with law enforcement services.
Tony Peralta, chair of the European Chamber of Commerce of the Philippines (ECCP)- Southern Mindanao Business Council and Honorary Consul for Finland, echoed Magno’s sentiments.
Peralta stressed that the negative stereotypes surrounding Mindanao are outdated, and the region offers immense business opportunities.
“We have been here long enough to know what is safe and unsafe. It’s time to correct the misinformation and showcase the true potential of Mindanao,” Peralta said.
Nevertheless, Magno said the government has invested heavily in infrastructure projects, such as roads, bridges, and airports, to improve connectivity and accessibility to Mindanao. Additionally, addressing long-standing security issues has yielded a positive result, creating a more conducive environment for businesses and tourists.
With its rich natural resources, skilled workforce, and strategic location, Mindanao is poised to become a major economic hub in the Philippines. And as the region continues to develop, it is expected to attract more investors and create new job opportunities for its residents,” Magno said.
Photo from MinDA
