Parang, soon to be home to the new seat of the BARMM regional government, faces a critical problem with the lack of renewable energy sources, which impedes the municipality's ability to expand economically and later on the region's seat to provide undeterred essential services, despite its distinct and advantageous site, presence of economic and institutional services, and sustained peace. To address this, Parang advocates inter-LGU collaboration, forming alliances with coastal municipalities and seeking institutional support from the Ministry of Agriculture, Fisheries, and Agrarian Reform to explore hydroelectric power viability in the Iranun Corridor. Alongside, Parang intends to further its investment in local economic development initiatives including building trade hubs for street vendors, organizing the transport sector, and implementing policies to attract investors. The local government prioritizes training and support services while seeking partners for an Energy Summit and infrastructure development, emphasizing the need for meaningful development felt by residents in Parang.
