DAVAO CITY, November 10, 2016 — At the close of the 8th Philippines Development Forum at the SMX Convention Center today, multilateral and bilateral international development partners reiterated their support for Mindanao development initiatives such as infrastructure, economic support, and the peace process.
According to Richard Bolt of the Asian Development Bank, his agency supports “aggressive” infrastructure development, pursuing projects such as the Mindanao road development in which 400 to 500 kilometers of roads from Zamboanga and Cotabato will be built as well as capital market development to mobilize public and private finance to support infrastructure investment.
Likewise, the Japan International Cooperation Agency (JICA) representative maintained that the pillars of Japanese official development assistance (ODA) include livelihood, protection, and peace and development in Mindanao.
Japan is the biggest ODA donor to the Philippines. Its push for Mindanao is shared by the European Union, which also sent representatives to the two-day event.
The PDF brought together some 400 stakeholders from government, civil society, business and international partners agencies to bring details to the 10-point socioeconomic agenda of the Duterte administration and the coming five-year Philippine Development Plan.