DAVAO CITY — Mindanao
development programs offered by the Development Bank of the Philippines (DBP) for
the region during the conduct of a Mindanao-wide business forum here Wednesday.
The forum will focus on the current thrusts of DBP as well as to engage the
government and private sectors in determining how and where DBP can play a role
in pursuing peace and development in Mindanao.
“As a financial institution, DBP has significantly participated in Mindanao and
we are interested in how we can be of further help to its development by engaging
directly with the entrepreneurs,” said DBP Director Rey Magno Teves.
Teves added that DBP is offering various programs among its major thrusts which
include social services, environment, infrastructure and logistics, and
microfinance for small and medium enterprises.
For social services, programs focus on education, housing, and community
development while environment focus on water, solid waste management, pollution
control, and alternative energy.
Teves added that DBP has significantly supported sustainable logistics program
like the roll-on-roll-off (RORO) facility and the One-Town-One-Product program as
well as loans and technical assistance for SME development.
“The forum will be a rare opportunity for participants since the entire Board of
Directors of DBP will be around to interact with the participants.
DBP Chairman Patricia Sto. Tomas and CEO-President Reynaldo David as well as
other Senior Officials of the bank will be attending.
Usec. Virgilio Leyretana, Mindanao Economic Development Council (MEDCo) Chairman
and Vicente Lao, Mindanao Business Council (MinBC) Chairman is set to speak on
Mindanao development priorities and perspectives.
This affair is in collaboration with Mindanao Economic Development Council (MDC),
Mindanao Business Council (MinBC) and Davao City Chamber of Commerce and Industry
Inc. (DCCCII).
Expected to attend the forum are various business organizations in Mindanao
including chambers of commerce and industry associations. MEDCo
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