DAVAO CITY, Oct. 24 -- Malaysian business leaders expressed strong interest in investing in Mindanao during the Philippines-Malaysia Business Networking Session held last week, the Mindanao Development Authority (MinDA) said Friday.

The high-level mission, led by MinDA on October 23 at the Hilton Kuala Lumpur, reaffirmed Mindanao's readiness to welcome foreign capital under the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) framework.

The event brought together key business leaders from Malaysia eager to hear about viable opportunities in trade, investment, and tourism in Mindanao.

In a statement, MinDA Secretary Leo Tereso Magno underscored Mindanao's readiness to welcome Malaysian investments in s...