The Autonomous Region in Muslim Mindanao (ARMM) has attracted interest from Australian investors wanting to invest in the region.
The good prospect for Australian business investments in ARMM came after its Regional Board of Investments (RBOI) joined in the recent Philippine Investment Mission and Roadshow to Australia led by the Board of Investments (BOI) – Manila under its Philippine Investment Promotion Plan (PIPP). The PIPP serves as the BOI’s investment programming platform composed of all investment promotion agencies. The investment promotion agencies made a pitch to Australian investors in Sydney, Melbourne and Brisbane in the second week of August.
Aug 18, 2017
The recent registration by the Regional Board of Investments (RBOI) of the investment of Bangsamoro Terminal Services, Inc. (BTSI) amounting to P129 million, a company based in Polloc Freeport in Parang, Maguindanao is seen to boost the Mindanao Economic Corridors strategy for Mindanao economic development. This is because Polloc Port provides easy access for bulk cargo in Central Mindanao, particularly Maguindanao, the land-locked areas of North Cotabato, Sultan Kudarat and the coastal municipalities of Lanao del Sur.
Polloc Port is a key node in the South Central Mindanao Corridor under the Mindanao Development Authority’s (MinDA) Economic Development Corridors strategy for economic growth. The Mindanao Development Corridors is a spatial development strategy that aims to increase the...
Aug 10, 2017
A Php129 million port related services project was recently approved for registration by the Regional Board of Investments, Autonomous Region in Muslim Mindanao (RBOI-ARMM). The Bangsamoro Terminal Services Inc. (BTSI) based at Polloc Freeport, Parang, Maguindanao invested in this project to provide efficient logistics support to the thriving businesses in the provinces of ARMM such as Maguindanao and Lanao del Sur, also the provinces of North Cotabato and Sultan Kudarat, both in Central Mindanao including Cotabato City.
Chairman and Managing Head of RBOI, lawyer Ishak Mastura said that with the addition of BTSI, the worth of investments registered with RBOI this 2017 is now totaled to Php3.2 billion. “This signifies an uninterrupted growth of investments in the region despite the Marawi crisis. The...