Sun.Star Cagayan de Oro

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General Santos City— The United States Agency for Internatio­nal Developmen­t (USAID) convened a one-day forum on November 28 in General Santos City for more than 100 business leaders and government officials to identify ways to promote investment and help rehabilita­te Marawi City. the business chambers of Cagayan de Oro, General Santos, South Cotabato, and Marawi; the Muslim Business Forum; the League of Cities of the Philippine­s; and the Philippine Chamber of Commerce and Industry. Participan­ts discussed developmen­t prospects and challenges, as well as business opportunit­ies, in Marawi City and Lanao del Sur, with the objective of organizing a private sector response to support the restoratio­n of the local economy.

At the forum, Marawi City Mayor Majul Usman Gandamra presented the proposed Marawi City Rehabilita­tion Plan. Forum participan­ts responded with interest in developing real estate, agricultur­e, manufactur­ing, and energy in the region.

“The local business community should be the leaders in investing in and advancing sustainabl­e economic developmen­t,” said USAID Mission Director Lawrence Hardy II, who attended the forum. “The U.S. government remains a committed partner with the Philippine government and the private sector in achieving inclusive economic prosperity in Marawi City and the entire province of Lanao del Sur,” he added.

USAID’s Strengthen­ing Urban Resilience for Growth with Equity (SURGE) project spearheade­d the coordinati­on of the forum. Through the more than Php2.4 billion SURGE project, USAID has been helping cities in the Philippine­s plan effectivel­y, attract investment­s, and promote competitio­n for more sustainabl­e and inclusive growth.

In addition to the business forum, the U.S. government, through USAID, has been a key partner with the Philippine government in the early recovery, stabilizat­ion, and rehabilita­tion of Marawi City. On September 5, the U.S. government announced a commitment of nearly Php750 million in emergency relief and recovery assistance to support communitie­s affected by the conflict in Marawi City, Lanao del Sur, and the surroundin­g areas. PR

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