Philippine peace pact may spur economic boon

Residents of Mindanao hope the end of fighting will pave way for foreign investors to come to the region.

    The signing of a peace agreement between the Philippine government and the Muslim rebel group Moro Islamic Liberation Front hopes to bring an end to decades of fighting in the southern Philippines.

    It also opens up unprecedented economic potential for a region that is largely undeveloped.

    The peace agreement may now pave the way for foreign investments in the region.

    Al Jazeera's Jamela Alindogan reports from Maguindanao in the southern Philippines.

    SOURCE: Al Jazeera


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