Central Visayas (Region VII) aims to distribute economic growth among its municipalities by linking up major urban centers, key production areas, and market centers, as mandated in its Regional Development Plan (RDP) 2017-2022.

RDPs are socioeconomic development blueprints of the different regions in the country in line with the Philippine Development Plan (PDP) 2017-2022, which serves as guide to national and local government agencies’ programs, budgets, and strategies.

“Central Visayas is moving forward in sustaining its development through connectivity. This will promote economic integration, reduce poverty, and increase opportunities for human development across provinces,” Socioeconomic Planning Secretary Ernesto M. Pernia said in a statement.

Pernia explained that part of the region’s spatial development strategy is to construct and upgrade arterial roads, integrate transportation systems, and develop secondary and major ports.

Infrastructure flagship projects identified in the region by the NEDA Board are the New Cebu International Container Port, New Bohol Airport in Panglao Island, Cebu-Bohol Link Bridge, Bohol-Leyte Link Bridge, Cebu-Negros Link Bridge, and the Bohol Northeast Basin Multipurpose Project.

On its proposed network of urban centers, the RDP identifies Metro Cebu as the region’s metropolitan center and Metro Tagbilaran (Bohol) as its regional center.

Sub-regional centers include Bogo-San Remigio (Cebu), Toledo City-Balamban (Cebu), Metro Dumaguete (Negros Oriental), and Tubigon (Bohol).

“For the next six years, Central Visayas will continue to be a major growth center in the country by making the most of our strategic location and diverse sources of growth,” NEDA regional director Efren B. Carreon said.

He identified tourism, information technology, business process outsourcing, manufacturing, and construction as growth drivers in the region.

Carreon also noted that the region had the highest growth momentum among all regions in the last regional plan period of 2011-2016, with a gross regional domestic product (GRDP) average growth rate of 7.5%, higher than the National Capital Region’s.

By 2022, Central Visayas aims to reach a GRDP growth rate of 8.3% to 8.8%, reduce poverty incidence among families to 17.6%, and cut the unemployment rate down to 3% to 4%.

Image courtesy of mapichai at FreeDigitalPhotos.net

You May Also Like

OOCL boosts North Europe to Asia trade rates

OOCL announced on February 17 a rate hike on its North Europe to Asia service. “Currently, ocean freight rates continue to be below the…

NEDA OKs five projects, including NLEx-SLEx connector road

The National Economic and Development Authority (NEDA) Board has approved five multibillion-peso projects, including the P23-billion road project that will connect the North Luzon…

Task force to address PH infra process snags

An inter-agency task force has recently been created to initiate the development of policies and processes that will resolve bottlenecks and gaps in the…

Cebu Pacific to operate dedicated cargo aircraft

Low-cost Philippine carrier Cebu Pacific has signed an agreement with Swiss-based IPR Conversions Ltd. to convert two of the airline’s ATR 72-500 passenger aircraft…