Determined
to improve the economic sector, the province is pouring investments on
accessibility by improving road and bridges. Aside from that, it has also
earmarked counterpart funds to special funded programs, including those under
the Philippine Rural Development Program (PRDP), Payapa at MasaganangPamayanan
(PaMaNa), and Davao Integrated Development Program (DIDP), among others. In
addition, funds for debt servicing for loans incurred purposely for development
projects is also allocated.
As
the province will soon operationalize the MRDP-World Bank-fundedCateel
Irrigation Project, which is touted to irrigate an additional 1,600 hectares of
rice fields, a boom in the local economy is anticipated. “This irrigation
project primarily aims to defeat poverty in terms of gainful opportunities in
agriculture and reinforces the need to achieve 100% rice sufficiency level.”
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