Positive Effects Of Marawi War

2020 Words9 Pages
Effect of Marawi War in Philippine economy
Marawi was also known as the “Philippine’s premiere Islamic City”. It is the largest city of Lanao del Sur. It is all its capital on the island of Mindanao in the Philippines. It was founded by Dansalan group in 1639 by the Spaniards led by Francisco Atienza, their true reasons of going to Marawi is to conquer the entire Lake Lanao area. Recently the battle in Marawi started on May 23, 2017 they called themselves a Maute Group and the CNN Philippines had estimated that the militants have about 500 men. After that Philippine President Rodrigo Duterte came out and declared Martial Law in the area.
We all know that Marawi war made all things in the Philippines conflicted, if not all but some of them are not in a right condition. It has the impact on the business; some of the investors changed their mind in investing into their company because of Marawi crisis. According to Mindanao Business Chair Vicente T. Lao, “the ongoing fighting in Marawin City between the government soldiers and the Maute Group that has already spanned more than a month will affect the investors’ confidence on on Mindanao”. Also Lao has a trust in the government and he thinks that the government will go in to help victims by giving them relief goods and renovating Marawi.
Another Impact of Marawi war in
…show more content…
Villegas, a University of Asia and pacific economists, “that infrastructure damaged in battle will constrict the flow of goods in areas around the embattled city”. For me it means that the effects of it in the second quarter since Marawi a part of Mindanao but not too important, the effect will be as small as possible. The bad effect will be notice in the third quarter as the transportation of goods and services in the whole Mindanao like Cagayan de Oro (CDO) may be affected. He also added that “there will be a lot of infrastructure projects of the government will be intensified as well as rehabilitation and relief

More about Positive Effects Of Marawi War

Open Document