DAVAO CITY, Dec. 15 -- The Mindanao Development Authority (MinDA) and the Davao del Norte provincial government are exploring investment opportunities in data center development and small modular reactor (SMR) technologies following a recent strategic site visit to Hyundai Engineering and Construction in Yeouido-dong, Korea.

In a statement on Monday, MinDA chairman Secretary Leo Tereso Magno said the engagement forms part of the three-day Mindanao Investment Mission to Korea, which highlights Mindanao's readiness for business amid improving peace and security, particularly in the Bangsamoro Autonomous Region in Muslim Mindanao.

"This initiative is consistent with President Ferdinand R. Marcos Jr.'s directive to accelerate investments in...