03/11/2026
LOOK | 𝗕𝗘𝗭𝗔, 𝗠𝗶𝗻𝗗𝗔 𝗳𝗼𝗿𝗴𝗲 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘁𝗼 𝗮𝗱𝘃𝗮𝗻𝗰𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗽𝗿𝗼𝗺𝗼𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝘇𝗼𝗻𝗲 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗶𝗻 𝗕𝗔𝗥𝗠𝗠 𝗮𝗻𝗱 𝗠𝗶𝗻𝗱𝗮𝗻𝗮𝗼
The Bangsamoro Economic Zone Authority (BEZA) and the Mindanao Development Authority (MinDA) signed a Memorandum of Understanding (MOU) on October 28, during the Mindanao Development Forum (MDF) 2026, establishing a framework for cooperation in advancing economic zone development, investment promotion, and regional development initiatives in the Bangsamoro and wider Mindanao.
The agreement was signed by BEZA Executive Director Atty. Sukarno A. Abas and MinDA Chairperson and Secretary Leo Tereso A. Magno. The two-day forum, held in Davao City, carried the theme, “Mindanao’s Next Growth Chapter: Mobilizing Private Sector and Development Partnerships for Shared Prosperity.”
The signing comes amid the Bangsamoro Government’s continuing push to translate the gains of the peace process into meaningful economic opportunities for its people. In his message at the forum, Bangsamoro Chief Minister Abdulraof A. Macacua emphasized that peace must be felt in the everyday lives of communities through better incomes for farmers, decent employment for the youth, opportunities for local entrepreneurs, and greater dignity and security. He also highlighted the importance of predictable policies, reliable infrastructure, and capable institutions in building investor confidence.
This vision reinforces the importance of developing economic zones as platforms for investment, employment, and local economic activity. For the Bangsamoro, advancing economic zone development means creating opportunities to attract businesses, connect local producers to wider markets, and encourage investments that can generate livelihoods and contribute to the region’s economic growth.
Through the MOU, BEZA and MinDA aim to bring their respective mandates and development initiatives together to support these priorities. The partnership will connect BEZA’s economic zone development plans with MinDA’s regional development planning, investment promotion, and interregional coordination initiatives.
Under the agreement, MinDA will help align BEZA’s priority projects with the Mindanao Development Agenda, the 2nd Bangsamoro Development Plan (BDP) 2023–2028, and BIMP-EAGA Vision 2035. It will also facilitate coordination with national government agencies, local government units, development partners, and private-sector stakeholders to support project development, investment promotion, and resource mobilization.
BEZA, for its part, will identify priority economic zone sites, investment opportunities, and development projects in the Bangsamoro. Consistent with its mandate, the Authority will lead the planning, administration, regulation, and development of economic zones, including facilitating investments and coordinating the development of necessary infrastructure and facilities.
The cooperation will cover investment opportunities in agro-industrial development, the Halal industry, renewable energy, logistics, tourism, and the digital economy. It will also involve infrastructure and connectivity initiatives, technical exchanges, capacity-building, and participation in BIMP-EAGA-related activities. These initiatives will strengthen institutional coordination and link the Bangsamoro’s strategic economic assets with potential investors and development partners across Mindanao and the BIMP-EAGA subregion.
Ultimately, the partnership seeks to advance the Bangsamoro’s economic development agenda by unlocking the region’s investment potential, strengthening its economic ties with the rest of Mindanao, and generating sustainable economic opportunities for its people.