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PIA Press Release
2006/12/14

Midsayap Trading Center turned over

Koronadal, South Cotabato (14 December) -- A USAID's GEM Program constructed a 10-meter X 18-meter trading center to address the need to provide traders facility for the residents of Barangay Poblacion 5 in Midsayap, Cotabato. The center is an additional facility to make trading activities more organizes and provides a capital asset to the barangay from which can generate revenues to sustain it operation and maintenance.

The trading center was completed last September 200, but was only formally turned-over last November 25, 2006 by the USAID Officials led by its Mission Director Jon Lindborg and NEDA Secretary Romulo Neri to the Midsayap LGU led by Midsayap Mayor Romeo Arana. The trading center operations and maintenance is already the responsibility of Midsayap LGU.

This facility is one of approximately 815 target Barangay Infrastructure Projects to be constructed by USAID's Growth with Equity in Mindanao (GEM-2) Program by August 2007. The GEM Program is being implemented under the oversight of the Mindanao Economic Development Council (MEDCO) chaired by USEC Vergilio Leyretana.

Under the GEM-2 program, USAID is constructing barangay infrastructure projects up to 40 regional impact projects in the Autonomous Region in Muslim Mindanao (ARMM) and other conflict-affected communities of Mindanao. The objectives are to spur economic growth and to demonstrate the continuing commitment of both the Philippines and U.S. government to the peace process. (PIA 12) [top]

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