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Bohol gets new development project
TAGBILARAN CITY – Bohol has bagged another poverty reduction project.
Gov. Erico Aumentado on Friday signed with Interior and Local Government Region 7 Director Pedro Noval and Field Director Marion Villanueva
of the Canadian Executing Agency (CEA), the implementing arm of the Canadian International Development Agency, a memorandum of agreement for the Local Government Support Project for Local Economic Development (LGSP-LED).
Chosen as one of only four provinces nationwide, Bohol will partner with CEA and DILG in the project through its Bohol Integrated Area Development (BIAD) clusters. BIAD is an inter-municipal partnership and clustering concept developed by a Japan International Cooperation Agency (JICA)-sponsored master plan in the 1980s and reactivated with support of the Australian Agency for International Development two years ago.
The project enhances local governance and stakeholder capacity to facilitate LED particularly in creating an environment that allows micro, small and medium enterprises (MSMEs) within the priority growth areas of agribusiness and eco-cultural tourism to grow and thrive in a competitive environment.
Agriculture and tourism are Bohol’s two major economic drivers.
The LGSP-LED will assist the province in enhancing local governance and stakeholder capacity to facilitate LED, particularly in terms of ensuring that it has the requisite enabling policy and support environment in pushing its agribusiness and eco-cultural tourism development.
By June S. Blanco / Manila Bulletin
