CATARMAN, Northern Samar– Northern Samar is a province known for its natural beauty, while also being vulnerable to natural calamities.
Taking into consideration several factors, the provincial government, under Governor Edwin Ongchuan, has embraced a forward-thinking approach to investments focusing on sustainability and long-term growth.
While many regions in the country are driven by the promise of immediate economic gains through industries like mining and large-scale commercial ventures, Northern Samar has charted a different course—one that balances economic development with environmental preservation and social equity.
Northern Samar has opted for a green economy over industries like mining, which may offer short-term economic benefits but lead to environmental harm. Mining and similar projects can damage resources, exacerbate natural calamities, and offer only temporary benefits to the local economy.
Instead, the province is investing in eco-friendly sectors like renewable energy, sustainable agriculture, and eco-tourism, which are more sustainable in the long run.
A key feature of Northern Samar’s investment approach is its emphasis on community-based enterprises.
Unlike traditional investments, where large corporations benefit while locals receive low wages, these enterprises enable our fellow Ibabaonons to be stakeholders and major earners in the business. This model promotes local ownership and equitable wealth distribution, ensuring that the community thrives alongside the industry.
To prevent harmful investments, the Provincial Government, through PEDIPO, carefully support projects to ensure they align with sustainability goals.
Though some projects may promise immediate economic growth, they often come at the cost of environmental degradation and unequitable progress. By prioritizing sustainable investments, we are building a more resilient and prosperous future.
(THE PROVINCIAL GOVERNMENT OF NORTHERN SAMAR)
