Davao City, December 13, 2022 – During its 4th Quarter CY 2022 Full Council Meeting on December 13, 2022 at the SMX Convention Center, SM Lanang Premier, Davao City, the Regional Development Council (RDC) XI approved the Davao Regional Development Investment Program (RDIP), 2023-2028.
With the approval of the Davao Regional Development Plan (DRDP), 2023-2028 by the Council in the same meeting, the Davao RDIP, 2023-2028, which is an accompanying document of the DRDP was presented to the Council by Ms. Emily Jeanette R. Salvado of the National Economic and Development Authority (NEDA) XI. As a six-year programming document, the Davao RDIP, 2023-2028 translates the objectives, strategies, and outcomes in the DRDP into specific programs, activities, and projects (PAPs) that shall be implemented by the agency regional offices, state universities and colleges, government-owned and -controlled corporations, government financial institutions, and special development authorities of Davao Region within the Plan period.
The Davao RDIP, 2023-2028 ensures and strengthens the linkages from the regional government planning and programming processes to the budgeting process. The RDIP improves the mobilization of resources towards the priority programs, activities, and projects that contribute to the achievement of the DRDP, 2023-2028 targets.
The total investment target in the Davao RDIP, 2023-2028 amounts to almost PhP 947 billion. In terms of the spatial disaggregation of the PAPs to be implemented, Davao del Norte is targeted to receive the biggest share of investments at nearly PhP 218 billion, followed by Davao City (PhP 205 billion), Davao de Oro (PhP 152 billion), Davao Oriental (PhP 119 billion), Davao Occidental (PhP 74 billion), and Davao del Sur (PhP 70 billion). The remaining investment targets are for PAPs that shall be implemented throughout Davao Region.
In terms of sectoral classification, majority of the PAPs under the Davao RDIP, 2023-2028 are under the social sector amounting to approximately PhP 524 billion. The investment targets for the other sectors, Infrastructure, Development Administration, and Economic, amount to around PhP 312.6 billion, PhP 69 billion, PhP 51 billion, respectively.
Kristoffer Kim K. Boga, NEDA XI