Region 10 becoming Mindanao’s dominant regional economy
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Hi guys, the following is a pretty interesting read. This guest blog entry is from Mindanaoan's friend, Mike Banos, a respected journalist based in Cagayan de Oro City, Mindanao. Read, read, read :)
Since Iligan City and Lanao del Norte were integrated back into Northern Mindanao (Region 10) in 2002, the resulting region has remained Mindanao’s biggest economy. Recent years indicate it is now pulling away to attain a position of dominance among the island’s regional economies.
A quick look at the economic accounts of the island’s Gross Regional Domestic Product (GRDP) shows that before the realignment of regions in 2002, Region 10 trailed the Davao Region (Region 11) in GRDP. However, since Iligan and Lanao del Norte rejoined Region 10 and some parts of the Davao region were re-align...