Mindanao Still Gets Largest Share From Australian AidPublished by MAC on 2007-02-26
Mindanao still gets largest share from Australian aid
26th February 2007
The Australian government retains hope and trust in Mindanao as it pours 60 percent of its total aid for the Philippines to the cities and municipalities in Mindanao.
Australia's Ambassador to the Philippines Tony Hely bared this as the Philippines-Australia Community Assistance Program (PACAP)celebrated its 20th anniversary in developing communities in the country.
"Philippines remains as Australia's priority for partnership. The Australian aid has significantly increased," Hely said.
The government of Australia recently poured in P750 million in the Philippines for the next five years especially intended for the Southern portion of the country.
National Economic Development Authority (NEDA) Secretary Romulo Neri stressed the very reason of the Australian government in funding development programs in Mindanao.
"The whole world recognizes the growth of Mindanao is vital for the growth of the whole Philippines. We acknowledge the fact that only development is the main tool for peace and harmony in Mindanao," Neri explained.
"We see a very big potential on energy and mining. In fact, there are already 14 Australian companies that are now engaged and operating in this country," Hely said. (PNA)