DAVAO CITY – The Mindanao Development Authority (MinDA) and the provincial government of Dinagat Islands signed on Thursday, June 27, a memorandum of cooperation to establish an Economic Zones (EZs).
DAVAO CITY – The Mindanao Development Authority and the provincial government of Dinagat Islands signed on Thursday, June 27, a memorandum of cooperation to establish an Economic Zones .MinDA Secretary Leo Tereso Magno said in a statement that establishing EZs aims to boost economic growth by attracting investments, creating jobs, and reducing regional poverty.Magno and Gov. Nilo Demerey Jr. signed the MoC.
The MinDA chairman said the team would supervise the comprehensive planning, development, and execution of the EZs in Dinagat Islands, organize training programs, and handle policy matters crucial to their establishment. Demerey highlighted the “i2 FAME” strategy, which targets innovation and industrialization in the fisheries, agroforestry, mining, and ecotourism sectors.
Magno emphasized MinDA’s role in coordinating efforts and promoting investments aligned with national development goals.
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