Indigenous Philippines Community Open to Private Investment

An Aytas community in the Philippines is opening their territory to private investment from the tourism industry, under the condition that locals benefit from the increased economic activity. Community leaders said the territory, which sits 1,200 feet above sea level and provides spectacular views of mountain ranges, has potential to become a major tourist attraction. They cited the Native American casinos near San Diego, California as models for tourism development in their community. When Indigenous Peoples have opportunities to harness economic gain from their assets, they will often not only accept, but welcome private investment.

Sources: Business Mirror

This article was originally published in the Corporate Monitor by First Peoples Worldwide, a nonprofit focused on funding local development projects in Indigenous communities across the world.

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Indigenous Philippines Community Open to Private Investment

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