Corridors

Mindanao Development Secretary Datu Abul Khayr Alonto lauds the Asian Development Bank’s infrastructure assistance to spur connectivity projects in Mindanao, citing its significant contribution to developing the Mindanao economic corridors.

In a statement issued last week, ADB announced that it has approved 19 billion pesos worth of Mindanao-specific loan dedicated to improving national roads and bridges.
 
“This reaffirms ADB’s commitment to help strengthen the Mindanao Development Corridors and promote economic growth in Mindanao,” said Alonto.
 
According to Alonto this assistance will create ripple effects in Mindanao regions, as enhanced connectivity will also drive more investors, economic activities, and jobs. This is also in line with the Duterte Administration’s Build, Build, Build program inasmuch as investments in infrastructure, specifically connectivity projects.
 
“This is really all about bringing progress closer to the people, through connectivity infrastructure and we could not be more grateful to have ADB’s usual support,” he said.

He added that the transport and logistics studies of ADB served as critical inputs in firming up the strategic priorities for the Mindanao Development Corridors.
 
Mindanao Development Corridors is a key spatial strategy aimed to improve infrastructure, establish connectivity, and spur the development of growth clusters within the island-region, allowing it to achieve balanced and inclusive growth among its regions.
 
The corridors approach divides the island economy of Mindanao into four development corridors namely the Northern Mindanao Development Corridor, Southern Mindanao Development Corridor, and Western Mindanao Development Corridor, and the Bangsamoro Development Corridor.

ADB is also actively supporting the new sub-regional framework of BIMP-EAGA Vision 2025 (BEV 2025), which has put together US$23 billion worth of Priority Infrastructure Projects (PIPs).

As the Regional Development Advisor of BIMP-EAGA, ADB provides technical assistance and support to projects particularly on transport, power, environment, economic corridors, and green cities. One of the recent initiatives undertaken in the sub-region is the study on the possibility of establishing power interconnections between Sabah – North Kalimantan, Sabah – Palawan, and Borneo – Mindanao.

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