ADVERTISEMENT
Manila Bulletin devider Philippines devider National devider Marcos pushes more PPPs in BIMP-EAGA after adoption of Vision 2035

Marcos pushes more PPPs in BIMP-EAGA after adoption of Vision 2035

Published May 8, 2026 02:06 pm
President Ferdinand 'Bongbong' Marcos Jr., together with (from left) Malaysian Prime Minister Anwar Ibrahim, Brunei Darussalam Sultan Hassanal Bolkiah, and Indonesian President Prabowo Subianto, before the start of the Special Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) Summit, a strategic forum to strengthen connectivity and economic cooperation within the Southeast Asian subregion, on Thursday (May 7, 2026) in Cebu as part of the ongoing ASEAN Summit 2026. (Mark Balmores)
President Ferdinand 'Bongbong' Marcos Jr., together with (from left) Malaysian Prime Minister Anwar Ibrahim, Brunei Darussalam Sultan Hassanal Bolkiah, and Indonesian President Prabowo Subianto, before the start of the Special Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) Summit, a strategic forum to strengthen connectivity and economic cooperation within the Southeast Asian subregion, on Thursday (May 7, 2026) in Cebu as part of the ongoing ASEAN Summit 2026. (Mark Balmores)

LAPU-LAPU CITY, Cebu — President Marcos has called for stronger public-private partnerships (PPPs) within the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) following the adoption of the subregion’s Vision 2035 roadmap.

The President underscored the role of PPPs in accelerating the implementation of major infrastructure and development projects, particularly in underserved areas such as Mindanao and Palawan.

During the Special BIMP-EAGA Summit in Cebu, leaders of the four member-countries adopted the BIMP-EAGA Vision 2035 (BEV2035), a 10-year strategic framework aligned with the broader ASEAN Vision 2045.

Marcos, for his part, highlighted the Philippines’ experience with PPPs in fast-tracking high-impact projects.

The President specifically cited ongoing efforts of the Mindanao Development Authority (MinDA) to facilitate PPP projects in Mindanao, one of the Philippines’ focus areas under BIMP-EAGA.

Among the identified Philippine priority projects under the initiative are the Laguindingan Airport Development and the Mindanao-Visayas Interconnection Grid.

‘SOAR’ vision

MinDA Secretary Leo Tereso Magno said the newly adopted roadmap would guide BIMP-EAGA toward becoming a “Socially Inclusive, Open, Aligned and Resilient” subregion.

“Yesterday, the four leaders of the four countries approved the way forward for BIMP-EAGA, BEV 2035, or the BIMP-EAGA Vision 2035,” Magno said during a press briefing here on Friday, May 8.

“This is to make sure that underserved areas within the four countries… are developed,” he added.

The BIMP-EAGA Vision 2035 seeks to scale up growth in the subregion through stronger connectivity, food and energy security, digital transformation, and sustainability initiatives.

Under the roadmap, BIMP-EAGA is envisioned as a dynamic single production base integrated into regional and global value chains.

The Philippines also reaffirmed its commitment to advancing BIMP-EAGA as a platform for inclusive growth, resilience, and regional stability.

BIMP-EAGA is a subregional economic cooperation initiative established in 1994 to accelerate socioeconomic development and narrow regional disparities in geographically remote and less developed areas of Brunei Darussalam, Indonesia, Malaysia, and the Philippines.

For the Philippines, the initiative primarily covers Mindanao and Palawan.

Related Tags

President Marcos Bongbong Marcos BIMP-EAGA MinDA Mindanao Development Authority ASEAN
ADVERTISEMENT
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1561_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1562_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1563_widget.title }}

{{ item.title }}

{{ articles_filter_1564_widget.title }}

{{ item.title }}
.mb-article-details { position: relative; } .mb-article-details .article-body-preview, .mb-article-details .article-body-summary{ font-size: 17px; line-height: 30px; font-family: "Libre Caslon Text", serif; color: #000; } .mb-article-details .article-body-preview iframe , .mb-article-details .article-body-summary iframe{ width: 100%; margin: auto; } .read-more-background { background: linear-gradient(180deg, color(display-p3 1.000 1.000 1.000 / 0) 13.75%, color(display-p3 1.000 1.000 1.000 / 0.8) 30.79%, color(display-p3 1.000 1.000 1.000) 72.5%); position: absolute; height: 200px; width: 100%; bottom: 0; display: flex; justify-content: center; align-items: center; padding: 0; } .read-more-background a{ color: #000; } .read-more-btn { padding: 17px 45px; font-family: Inter; font-weight: 700; font-size: 18px; line-height: 16px; text-align: center; vertical-align: middle; border: 1px solid black; background-color: white; } .hidden { display: none; }
function initializeAllSwipers() { // Get all hidden inputs with cms_article_id document.querySelectorAll('[id^="cms_article_id_"]').forEach(function (input) { const cmsArticleId = input.value; const articleSelector = '#article-' + cmsArticleId + ' .body_images'; const swiperElement = document.querySelector(articleSelector); if (swiperElement && !swiperElement.classList.contains('swiper-initialized')) { new Swiper(articleSelector, { loop: true, pagination: false, navigation: { nextEl: '#article-' + cmsArticleId + ' .swiper-button-next', prevEl: '#article-' + cmsArticleId + ' .swiper-button-prev', }, }); } }); } setTimeout(initializeAllSwipers, 3000); const intersectionObserver = new IntersectionObserver( (entries) => { entries.forEach((entry) => { if (entry.isIntersecting) { const newUrl = entry.target.getAttribute("data-url"); if (newUrl) { history.pushState(null, null, newUrl); let article = entry.target; // Extract metadata const author = article.querySelector('.author-section').textContent.replace('By', '').trim(); const section = article.querySelector('.section-info ').textContent.replace(' ', ' '); const title = article.querySelector('.article-title h1').textContent; // Parse URL for Chartbeat path format const parsedUrl = new URL(newUrl, window.location.origin); const cleanUrl = parsedUrl.host + parsedUrl.pathname; // Update Chartbeat configuration if (typeof window._sf_async_config !== 'undefined') { window._sf_async_config.path = cleanUrl; window._sf_async_config.sections = section; window._sf_async_config.authors = author; } // Track virtual page view with Chartbeat if (typeof pSUPERFLY !== 'undefined' && typeof pSUPERFLY.virtualPage === 'function') { try { pSUPERFLY.virtualPage({ path: cleanUrl, title: title, sections: section, authors: author }); } catch (error) { console.error('ping error', error); } } // Optional: Update document title if (title && title !== document.title) { document.title = title; } } } }); }, { threshold: 0.1 } ); function showArticleBody(button) { const article = button.closest("article"); const summary = article.querySelector(".article-body-summary"); const body = article.querySelector(".article-body-preview"); const readMoreSection = article.querySelector(".read-more-background"); // Hide summary and read-more section summary.style.display = "none"; readMoreSection.style.display = "none"; // Show the full article body body.classList.remove("hidden"); } document.addEventListener("DOMContentLoaded", () => { let loadCount = 0; // Track how many times articles are loaded const offset = [1, 2, 3, 4, 5, 6, 7, 8, 9, 10]; // Offset values const currentUrl = window.location.pathname.substring(1); let isLoading = false; // Prevent multiple calls if (!currentUrl) { console.log("Current URL is invalid."); return; } const sentinel = document.getElementById("load-more-sentinel"); if (!sentinel) { console.log("Sentinel element not found."); return; } function isSentinelVisible() { const rect = sentinel.getBoundingClientRect(); return ( rect.top < window.innerHeight && rect.bottom >= 0 ); } function onScroll() { if (isLoading) return; if (isSentinelVisible()) { if (loadCount >= offset.length) { console.log("Maximum load attempts reached."); window.removeEventListener("scroll", onScroll); return; } isLoading = true; const currentOffset = offset[loadCount]; window.loadMoreItems().then(() => { let article = document.querySelector('#widget_1690 > div:nth-last-of-type(2) article'); intersectionObserver.observe(article) loadCount++; }).catch(error => { console.error("Error loading more items:", error); }).finally(() => { isLoading = false; }); } } window.addEventListener("scroll", onScroll); });
Join Our Newsletters

Sign up by email to receive news.

© 2025 Manila Bulletin The Nation's Leading Newspaper. All Rights Reserved.