110321 3

DAVAO CITY - The ministers of the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA), with the respective senior officials and development partners, convened in a virtual meeting on Monday to review the progress of the member countries’ implementation of major projects and key deliverables outlined in the BIMP-EAGA Vision 2025.

The said projects focused on the parallel response, management, and recovery initiatives amid the ongoing global health crisis.

Mindanao Development Authority (MinDA) Undersecretary Janet Lopoz, also the BIMP-EAGA Philippines senior official said that among the agreed projects and key deliverables are to expedite and expand priority infrastructure projects implementation, establish travel bubbles, improve transport and trade facilitation, implement the One Borneo Quarantine Initiative, promote SEZ (Special Economic Zone) development and cooperation in economic corridors, promote renewable energy and energy efficiency, develop creative industries and support local communities, fast-track e-commerce and support startups, develop cross-borders value chain and promote high-value food industry, develop BIMP-EAGA Tourism Recovery Framework, promote green investments, sustainable urbanization and smart cities, and reskilling and upskilling for a competitive workforce.

“We will continue to rely on the strategic pillars in moving projects forward with economic corridors providing spatial focus. Results-based monitoring and evaluation, as well as reporting, will be more structured to ensure that goals and objectives are met in a timely manner,” she added.

Lopoz said that they reaffirm their commitment to a more robust socioeconomic convergence across all sectors in the sub-grouping and the greater ASEAN.

As the representative of the Philippines, Lopoz presented the highlights of the impact of the COVID-19 pandemic to the sub-regions, as well as the key achievements and milestones under the strategic pillars, and then the status of cooperation with partners.

“Despite the pandemic, activities to promote trade and investment are being conducted in a new normal. The business matching session and forum, as well as webinar, provide an opportunity to establish a network among the private sector and potential business investment as well as sharing on recovery support,” she added.

During the meeting, the BIMP-EAGA ministers expressed support for collective efforts to mitigate the impacts of the pandemic to their economies and communities, thereby come out as a more united, resilient, and stronger sub-regional cooperation.

The high-level assembly aims to provide strategic policy directions in connectivity, food basket, environment, tourism, and socio-cultural and education pillars. The Philippines is this year’s country host.

MinDA is the official and permanent Philippine Coordinating Office for BIMP-EAGA (PCOBE). The Meeting is chaired by Philippine Signing Minister and DTI Undersecretary for Special Concerns and Trade Promotions Abdulgani Macatoman.#

  • No comments found

Leave your comments

Post comment as a guest

0 / 300 Character restriction
Your text should be in between 10-300 characters
Your comments are subjected to administrator's moderation.
terms and condition.