Areas where Mindanao's economy can thrive further

As the skylines of Mindanao’s cities like Davao and Cagayan de Oro rise, and new growth is seen in other cities like General Santos, Iligan, Zamboanga, Tagum, and Butuan, thoughts are brought into the Mindanao economy, where the trillion-peso Northern Mindanao and Davao regional economies are pushing Mindanao’s total economy beyond the B3 trillion mark.

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If you examine the breakdown of each Mindanao region’s gross regional domestic product (GRDP), you will see a large service economy. Nonetheless, agriculture remains significant, while manufacturing, other economic sectors bear watching in terms of how they can accelerate growth in Mindanao further.