The Local Government Unit of Midsayap lead the ground breaking ceremony of various cityhood and industrial projects held on July 17, 2021 at the Midsayap Municipal Plaza.

Present during the activity were officials from the Local Government Unit of Midsayap, International Hasdaq Holdings Philippines, Inc., Wizards Blue Ambassadors Management and Consultancy Services, community leaders and development stakeholders.

Amidst this global challenge, the Local Government Unit of Midsayap continues to rise by seeking support from financing agencies and lucky to find Hasdaq Financial Holdings Group China Company Ltd to bring back development in local economy through construction of facilities for linking of products to the market such as the market infrastructure development and the like.

In May 28, 2021, the Municipal Council endorsed through SB Resolution No. 2021-111 various proposed priority projects to the Hasdaq Financial Holdings Group China Ltd for fund allocation to provide basic and support services for local farmers and enterprises with a total amount of 200,000,000.00 USDollars, to wit; purchase and installation of street solar lights, solar water system , concreting of roads , gravelling of roads ,concreting of drainage canals, septage treatment facilities, construction of covered court, construction of covered courts, purchase of land, construction of barangay hall buildings, and construction of rural health unit buildings.

The municipal council through its SB Resolution No. 2021-112 also authorized Mayor Romeo D. Arańa to enter into a Memorandum of Understanding with the Hasdaq Financial Holdings Group LLC (China) and/or International Hasdaq Holdings Philippines, Inc.

Said MOU states that the Hasdaq Financial Holdings Group LLC (China) and/or International Hasdaq Holdings Philippines, Inc, by way of debt financing, shall extend a loan accommodation to the Local Government Unit of Midsayap in the sum of 200,000,000.00 USDollars as grant;

The said MOU also states that the LGU Midsayap is willing to accept the grant and is prepared to cooperate with the Hasdaq Financial Holdings Group LLC (China) and/or International Hasdaq Holdings Philippines, Inc.

The said grant is extended under the Hasdaq Financial Holdings Group LLC (China) and/or International Hasdaq Holdings Philippines, Inc. development assistance program to certain LGUs to fund priority projects which are expected to make a wider impact among the marginalized sector and spur economic development.

The International Hasdaq Holdings Philippines, Inc. as Fund Manager and disbursing entity, shall schedule the release of the Grant in such number of tranches as maybe efficient and necessary