A total of P365 million has been invested in the Autonomous Region in Muslim Mindanao (ARMM) by the Bumbaran Development Corporation (BDC), a real property developer.
BDC is involved in a mass housing project intended for the members of the Armed Forces of the Philippines (AFP) and the Philippine National Police (PNP).
ARMM Regional Governor Mujiv S. Hataman, together with Regional Board of Investments (RBOI) Chairman and Managing Head, Sakiran A. Hajan awarded the RBOI Certificate of Registration to BDC on March 27, 2013. The certificate was received by Housing Consultant Francis Borromeo in behalf of the BDC President Brigido Simon.
A total of 1,500 housing units are now being built at Barangay Sarmiento, Parang, Maguindanao.
Aside from providing affordable houses to our uniformed men, Hajan added that about 750 jobs are generated out of this housing project covering 147 hectares.
"We believe in the capacity of the people of ARMM. We ask for your full cooperation on this project," said Almario Dacuna, Land lease Manager of Del Monte Philippines.
During its launching yesterday, November 14 at DAS, Engr. Miguel Portuguez, Project Manager of the Banana Expansion Program said that the program will initially cover 550 hectares of land and another 500 hectares for its second phase.
Sakiran Hajan, chairman of the Regional Board of Investment gave assurance that security issues like extortion or kidnapping among the people involved in the program will not be a problem. "There will be...
Seven (7) top investors in ARMM received recognition from the Regional Board of Investments (RBOI-ARMM) during the agency's 21st Anniversary on May 17, 2012, acknowledging their great contributions in the socio-economic growth of ARMM through the creation of employment, providing income to families, generation of government revenues and helping improve the peace and order condition in the areas where these companies are located.
The awardees were Agumil Philippines, Inc., Alip River Development Export Corp (ARDEXCOR), Philippine Trade Center, Inc., Mt. Kalatungan Agri-Ventures, Inc., Wao Development Corporation, Matling Industrial and Commercial Corporation and La Frutera, Inc.
The occasion bearing the theme "RBOI: 21 Years of Service Towards Sustainable Investments in ARMM" commemorated the creation of the agency pursuant to the signing of the Executive Order No. 458 on May 17, 1991 by former...
Local Executives of the five (5) provinces of ARMM will be tapped as investment promoters of their own municipalities and provinces through the Networking on Investments for Local Executives (NILE Project). The project which will be implemented through a conduct of marathon seminar-workshops all over the region is aimed to improve and promote investment opportunities in ARMM.
In cooperation with BOI Manila and Davao, the Regional Board of Investments (RBOI-ARMM) will be inviting leaders and members of the local government units, private sector and other stakeholders to a one-day workshop-seminar on NILE.
Said activity is designed to capacitate Local Government Units (LGUs) to craft their own local investments and incentives code and for them to establish their own Investment Promotion Centers (IPCs). This will also encourage the local executives to appreciate the value of investment promotion as a tool to local economic...
The Regional Board of Investments (RBOI-ARMM) conducted its Performance Review, Assessment and Evaluation (PRAE) last February 29-March 1, 2012 in Davao City. The activity was aimed at improving the agency's performance by assessing if the office was able to accomplish its deliverables for 2011, determine performance gaps and identify required interventions and collaborative strategies that will lead to the successful implementation of RBOI projects and programs as well as avoid recurrence of lapses in the future.
The PRAE had three major emphases, first was the emphasis on target versus actual accomplishments through a reporting session per division (research, technical and administrative) wherein all outputs were scrutinized based on target to actual performance.
Second was the planning and setting up of agency directions for the year 2012. The work plan includes the forging of a partnership agreement to undertake a...