MinDA Chief Urges Mindanao Businesses to Leverage Economic Reforms
MinDA Secretary Magno urges Mindanao business leaders to leverage government economic reforms for regional development, highlighting new opportunities through strategic partnerships and infrastructure projects.
MinDA Secretary Leo Tereso A. Magno addresses business leaders at the 34th Mindanao Business Conference in Tagum City
TAGUM CITY, Davao del Norte - Mindanao Development Authority (MinDA) Secretary Leo Tereso A. Magno called on business leaders to capitalize on the government's transformative economic reforms during the 34th Mindanao Business Conference (MinBizCon 2025), emphasizing the region's potential for sustainable growth.
Strategic Reforms and Development Opportunities
In a gathering of over a thousand business leaders from across Mindanao, Magno highlighted key government initiatives designed to streamline investments and foster economic growth. These reforms come as the region experiences significant rural development progress, marking a new era of economic transformation.
Key Economic Reforms
- Executive Order No. 18 establishing "green lanes" for strategic investments
- The Create More Act offering competitive tax incentives
- Public-Private Partnership Code promoting government-private sector collaboration
"These reforms signal a clear priority from the President: making the Philippines a more attractive, transparent, and efficient destination for investors," Magno emphasized. The initiative aligns with broader efforts to enhance economic governance and market operations across key cities.
Infrastructure Development Focus
The conference highlighted significant infrastructure projects, including modern transport terminals and climate-resilient farm-to-market roads. These developments come amid increased scrutiny on infrastructure spending and transparency, reinforcing the importance of proper project implementation.
Call for Innovation and Partnership
Magno urged businesses to propose bankable projects and forge new partnerships, emphasizing MinDA's commitment to supporting initiatives that contribute to "Building a Better Mindanao." The agency stands ready to facilitate collaboration between public and private sectors for catalytic projects with inter-regional impact.
Manny Pacquiao
Independent Filipino journalist covering democracy, civil rights, and government accountability across Southeast Asia.