Mindanao is the southern most major isla nd of the Philippines, which has 102,000 km 2 of land area and a population of approximately 22 million (as of 2010). The southwest and central Mindanao had been affected by the conflict for more than 40 years and consequently , it has a relatively high poverty rate. Thus, the region has issues such as lacking in basic social services and deteriorated public infrastructure facilities including schools, health centers, and so on. Mindanao is called “the Land of Promise”, having fertile soil and relatively less damages due to natural disasters such as typhoons , which allows Mindanao to have high agricultural potential.
Philippines’ economy achieved the highest growth in the ASEAN in 2013, at 7.2%. Nominal GDP was 270.2 billion US$, GDP per capita was 2,790 US$, and inflation rate was 3% in 2013. Of Philippines’ GDP, nearly 60% is occupied with service industries, approximate ly 30% is mining and manufacturing industries, and roughly 10% is agriculture and forestry. But 31% of whol e work force is working for agriculture, forestry and fishery and 53% is for service industries.
|Source Institution||Japan International Cooperation Agency|
|Place of Publication||Metro Manila|
|Original Publication Date||February 1, 2015|