Manila, April 22 -- Northern Mindanao's trillion-peso Gross Regional Domestic Product (GRDP) is expected to maintain its momentum following President Ferdinand R. Marcos Jr.'s inauguration of key infrastructure and agriculture projects in Misamis Oriental province on Tuesday.
During a press briefing, Ma. Estrella Luz Penaloza, officer in charge and chief economic development specialist of the National Economic and Development Authority 10 (Northern Mindanao), said the expanded Balingoan port and the new Balingasag coconut processing plant would significantly stimulate economic activity for residents, tourists, and traders.
"Coconut is a major agricultural driver in our region, contributing to 80 percent of our regional growth. This proc...
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