The Davao Region. Map courtesy of Google DAVAO CITY (MindaNews / 30 December) – Investments in Davao Region are expected to increase in 2023 as global, national, and local economies fast-track reco…
DAVAO CITY – Investments in Davao Region are expected to increase in 2023 as global, national, and local economies fast-track recovery efforts from the crippling effects of the COVID-19 pandemic, according to National Economic Development Authority -Davao.
Lim added that these new projects were registered in industries, electricity/gas, steel, and air-conditioning supply; administrative and support service activities; manufacturing, agriculture, forestry and fisheries; transportation and storage; and real estate activities. She said MSMEs assisted by the Department of Trade and Industry in terms of loan facilitation increased by 39 percent in 2022, from 596 for the first three quarters of last year to 827 as of the third quarter this year.
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