Let's Start the Revolution of the Filipino Youth XXV
BIMP-EAST ASEAN GROWTH AREA BUSINESS COUNCIL (BIMP-EAGA BC)
Another important partnership that we should strengthen is the BIMP-EAGA Business Council. Born during the administration of President Fidel V. Ramos. The grouping has been relegated lately. There are no new great developments on this front. This grouping will greatly enhance the economic opportunities now present in Mindanao and the surrounding islands.
Mindanao has one great potential to a thriving regional economy within Southeast Asia. Mindanao offers the hospitality of the Filipino people and the deep history of Islam in East Asia. For investors from the Middle East and other businessmen from across the globe, Mindanao can offer as new haven for their ideas and investments.
There is also a possibility that Mindanao has oil beneath its lands which I believe if proven true can greatly bring more revenues and development to the region. It is about time that Mindanao is given its equal share in the yearly revenue allotment it deserves. Part of the cause of the rebellion in the South is because the region has truly been neglected from any major projects in the last 50 years.
Infrastructure has to be put in place and education will have to be prioritized as well. By strengthening Mindanao's partnerships with other Southeast Asian countries and cities, the country can greatly benefit from this economic revival.
Thursday, July 12, 2007
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