History of the Economic Growth of Davao
The name Davao was derived from the blending of the phonetic words of the subgroups of the Bagobo tribe. The words are Davoh, Duhwow, Davau, and Dabu. These words refer to the Davao River, which is the main waterway of the area and empties to the Davao Gulf and the settlements that live in the area.
The Bagobo tribe went to this place for commerce and trade. They will barter their goods from the forest in exchange for necessary commodities such as salt.
The influence of the Spaniards was able to penetrate in Davao only in the year 1847 through an expedition with the leadership of Don Jose Oyanguren. The expedition was able to establish a settlement of Christians in an area in Davao that is now called the Bolton Riverside. This area before is a swamp of mangroves.
During the expedition of Don Jose Oyanguren, Datu Bago, a chieftain of the Moros, who have their settlements at Davao River banks, ruled Davao. The Bagobo tribe called this river once as Tagloc River. When Datu Bago was defeated by Oyanguren, the place was renamed as Nueva Guipozcoa, which is the name of Oyanguren’s home back in Spain.
Oyanguren became the first governor of Davao. Oyanguren made some efforts to develop the area of Davao in whatever industry it has but it was a failure.
During the American regime in the 1900s, there is a growth of the ownership of private farms in Davao. The facilities for communication and transportation were largely improved. Through these improvements, the dreamed economic growth in Davao is paving its way already.
During this time also, coconut and abaca plantations begin to emerge in Davao through Kichisaburo Ohta, a Japanese entrepreneur, which was granted by the government to exploit the vastness of the land area of Davao. In 1903, the Japanese workers of the plantations came to Davao. Because of their large number, they create a community in Davao called Little Japan where the Japanese workers established their own newspaper, embassy, school, and a Shinto Shrine.
The Japanese community did not just establish coconut and abaca plantations in the coastline of Davao Gulf but they also developed the timber, fishing, copra, and import-export trading industry in Davao. Through the Japanese community, the Filipinos in Davao learned the various techniques of agriculture, thus making agriculture the main contributor for the economic growth of Davao.
On March 16, 1937, Davao was officially declared as a charter city. As the years went by, Davao became the third largest city in the entire Philippines and has been highly developed as an urban area that attracts local and foreign investors and tourists as well.
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