Bits and Snippets of the Philippines

Basic Reading of Global Filipinos

Philippine Tourism Budget Increased for Mindanao

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Colorful vinta sails overlooking Basilan Strait

The former Philippine Tourism Authority (PTA), now called the Tourism Infrastructure Enterprise Zone Authority (TIEZA), has recently reported to allocate more money to develop the tourism industry in Mindanao. The southern region of the Philippines garnered a 35 percent share of the TIEZA budget, up from the usual seven to ten percent the past decade. This was announced by Secretary Luwalhati Antonino, chair of the Mindanao Development Authority (MinDA).

She added that MinDA shall continue in its efforts to secure financing support for the Mindanao initiatives by engaging more public-private partnerships while advocating for a fair share in the national budget. According to the Mindanao 2020 Peace and Development Framework Plan (Mindanao 2020), tourism development “can be a win-win for the economy and environment and must be pursued vigorously through policy reform and public investments. The promotion of the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP-EAGA) as premier ecotourism destination also provides substantial growth potential in Mindanao tourism.

Read more at Minda News

Photo by eric_m.e. at Flickr.com

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Written by Raffy Pekson II

September 18, 2011 at 4:25 pm

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