Rural investments pushed to drive balanced local development

RURAL investments are essential for a balanced local development, according to the Metro Bacolod Chamber of Commerce and Industry (MBCCI).

Frank Carbon, chief executive officer of MBCCI, said Tuesday, December 19, that almost all investments, especially of private companies, are located in urban centers resulting to less jobs and labor in the rural areas.

Carbon said there are many potential areas in rural locations since most of the physical resources in these places have remained underdeveloped.

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