Local developers noticing the Davao region’s growth has faster pace than national average.
In a virtual launch of the Davao Investment Conference 2021, the real estate businessman and conference chairman Ricardo Floirendo Lagdameo tackles the opportunities they can see in the Southern Philippine region especially in real estate, agri-business, manufacturing, and Tourism.
“Our growth has actually beat the national average again so it’s really a combination of all of these things and, of course, it really has to be both private and government spending,” he added.
In 2019, the Davao region’s GDP grew 7 percent. It is higher than the growth of the country which 5.9 percent.