Bangko Sentral ng Pilipinas (BSP) Monetary Board Member Rosalia V. De Leon has highlighted Northern Mindanao’s growing potential as an investment destination, citing the region’s strong economic performance and expanding opportunities.
“The region’s progress sends a strong signal that investors looking to invest in the country can look all the way to the southern Philippines,” De Leon said during the Philippine Economic Briefing held in Cagayan de Oro City on Monday.
Northern Mindanao’s economy grew by 6 percent in 2024, outpacing the national average of 5.7 percent. The region’s steady expansion underscores its role as one of the country’s emerging growth centers.
The event gathered around 300 participants from the financial and business sectors, civil society groups, academe, and media across Mindanao. Officials from various government agencies also attended the briefing, which aimed to update stakeholders on the country’s economic outlook and investment prospects.
