Bright Prospects For 2018: Marawi Reconstruction To Boost Investments In ARMM By P38-B Up To P86-B

(Cotabato City, January 3, 2018). The Autonomous Region in Muslim Mindanao (ARMM), which is the poorest region in the country, is set to get a big boost in investments, if the plans of the administration of President Rodrigo Roa Duterte for the rehabilitation and reconstruction of Marawi proceeds apace and bears fruit as it is envisioned. 
Housing Secretary Eduardo del Rosario, Task Force Bangon Marawi chair, announced earlier that the government has received six (6) proposed master plans for the rehabilitation and reconstruction of Marawi City, with investment costs ranging from P38 billion to P86 billion. 
Whoever is chosen would be subjected to a Swiss challenge, where other developers could submit a competing bid to match the proposal. The government...

ARMM Approves P40-M Water Treatment Plant And Supply Facility

The Regional Board of Investments, Autonomous Region in Muslim Mindanao (RBOI-ARMM) approved the registration of a Php40 million Water Filtration Plant operated and managed by Mactan Rock TGV Builders  Corporation at Barangay Makaguiling, Sultan Kudarat, Maguindanao. 
RBOI chair and managing head, lawyer Ishak Mastura, said that the bulk water  supply and treatment investment project involves the construction, installation and operation of 5,000 Cubic Meter Per Day (CMD) water treatment facility tapping the water resource from Simuay River in Sultan Kudarat, Maguindanao.  
“The project is very relevant since we are experiencing water shortages especially during dry season. With this facility, we can now rely on a more stable supply of...

ARMM Bullish On Investments To Rebuild Marawi

"Now is the time to start the rehabilitation process. Though, we are deeply saddened by what happened to Marawi City which is currently in serious ruins however, we have to move forward and turn this crisis into opportunities”, RBOI chair and managing head, lawyer Ishak V. Mastura, said in a statement during a recently conducted Investments Priorities Plan (IPP) Roadshow   in Cagayan de Oro City organized by the Regional Board of Investments (RBOI), Autonomous Region Muslim Mindanao (ARMM).
Guests who came to the ARMM Investments Priorities Plan (IPP) Roadshow in Cagayan de Oro

ARMM Joins Hong Kong (HK) Belt And Road Summit In Time For The ASEAN-HK Free Trade Agreement


The Autonomous Region in Muslim Mindanao (ARMM) regional cabinet economic cluster joined the Belt and Road Summit, the second such Summit sponsored by the Hong Kong government today, September 11, 2017. The theme of the event is "From Vision to Action" and is held at the Hong Kong Convention and Exhibition Centre.

This is just a day after the Department of Trade and Industry - Board of Investment Undersecretary and Managing Head Ceferino Rodolfo announced that the ASEAN have formally agreed upon a Free Trade Agreement (FTA) with the Hong Kong Special Administrative Region at the sidelines of ASEAN Economic Ministers Meeting in Manila. The signing ceremony of the FTA will be in November on the occasion of the ASEAN Summit in Manila.

The ARMM delegation to Hong Kong is led by Regional Board of Investments Chairman Ishak Mastura, who is also the regional cabinet...

Australian Businesses Want To Invest In ARMM

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.
In his letter to lawyer, Ishak Mastura, RBOI chairman and managing head,...