Tag Archives: resource-based industrialization

Mindanao development framework completed

BusinessWorld Online
September 13, 2010

THE NATIONAL Economic and Development Authority (NEDA) has submitted to Malacañang a proposed framework to guide development initiatives in Mindanao for the next 10 years.

In a statement yesterday, NEDA said the framework pushes three directions, namely: sustainable resource-based industrialization, improved employment generation and establishment of an efficient logistics system. It also focuses development on six fields, namely: halal, agro-industry, eco-tourism, renewable energy, mining and information and communication technologies.

NEDA Deputy Director-General Augusto B. Santos said in a phone interview yesterday that the framework will provide inputs to the Medium-Term Philippine Development Plan 2011-2016. He added that other regions are drafting similar frameworks, though involving a shorter time frame.