Tuna industry, MinBC hit NEDA chief on BIMP-EAGA statement

The local tuna industry here has disputed statements by Secretary Romulo Neri, of the National Economic and Development  Authority (NEDA), that the Mindanao has made
a mistake by partnering with fellow poor areas in the Brunei Darussalam, Indonesia, Malaysia, Philippines – East ASEAN Growth Area (BIMP-EAGA)

The Mindanao Business Council (MinBC), meanwhile, said that Neri’sstatement was “an insult to both the government and the private sector
working on economic cooperation in the area” when he said that the
BIMP-EAGA is the “wrong economic partner” for Mindanao’s industries.

Mindanao is the Philippines’ key player in the sub-regional economic
block formed in 1994.

Domingo Teng, immediate past president of the Socsksargen Federation
of Fishing Associations and Allied Industries, Inc. (Federation), said
in a statement that EAGA has helped the industry, like forging joint
business ventures with their counterparts in the other member

“It is not true that nothing has happened in BIMP-EAGA. It is better
for NEDA to come down and get the specific data on BIMP- EAGA,” he

Teng pointed out that two years ago, two local fishing companies in
Southern Mindanao were able to put up canneries in Bitung, North
Sulawesi through a joint venture agreement with Indonesian


About mindanaw

A Journalist from Mindanao

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