MEDCo
History
The Mindanao Economic Development Council or MEDCo was created on 19 March 1992 by virtue of Executive Order No. 512,
signed by then President Corazon C. Aquino, to promote and coordinate the active
participation of all sectors to effect the socio-economic development of
Mindanao through a wholistic and integrated approach.
The MEDCo was likewise
created to address the need to promote and strengthen interregional linkages to
ensure the integrated viability of the programs and projects in Mindanao, with
the local government units as frontline entities that will realize the
development of specific geographical areas.
Executive Order No. 512
was amended by Executive Order No. 10 dated 13 August 1998, and further amended
by Executive Order No.
244 dated 15 May 2000 under the Estrada Administration. Executive Order No.
244 mandates MEDCo to act as the official
and permanent Philippine Coordinating Office (PCO) for Brunei Darussalam
Indonesia the Philippines - East ASEAN Growth Area (BIMP-EAGA).
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Vision for Mindanao
Mindanao, a peaceful island-region with an integrated and globally-competitive economy,
where the benefits of sustainable development are equitably shared and enjoyed by a
culturally-diverse but empowered and united Mindanaoans.
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Mission
Towards this end, MEDCo shall be the catalyst in promoting, integrating and
sustaining socio-economic development in Mindanao through the active
participation of all Mindanaoans.
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Goal and Objectives
To achieve accelerated and globally competitive socio-economic
development for Mindanao through the following specific objectives:
- Strengthen and expand mechanisms to ensure timely and efficient
implementation of physical and digital infrastructure projects and
delivery of basic social services in Mindanao;
- Work for global competitiveness of agri-fishery and
tourism sectors in Mindanao;
- Promote Mindanao as a viable investment, trade and tourism destination;
- Promote social cohesion, political stability, and good governance;
- Ensure peace and security by linking peace issues with development initiatives;
- Pursue and advocate policy agenda for Mindanao;
- Ensure utilization of Information and Communications Technology (ICT) for
efficient delivery of updated and relevant data/information on Mindanao and
BIMP-EAGA;
- Generate, prioritize and mobilize funds for Mindanao programs
and projects;
- Convey Mindanao’s development needs to decision-makers and
funding institutions/countries.
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