News

RBOI Meets Stakeholders To Review 2016 ARMM Investment Priorities

The Regional Board of Investments-ARMM met stakeholders from different sectors to review and update the 2016 ARMM Investment Priorities Plan (IPP). The consultation conducted on April 6, 2016 was held for the first time in Parang, Maguindanao. This is to include the people in this booming municipality to actively participate and share their insights and concerns on investments generation in the ARMM.  It is also in Parang where the Polloc Freeport and Ecozone is located.

Lawyer, Ishak V. Mastura, Chairman of RBOI said that the IPP is the basis for RBOI to grant fiscal and non-fiscal incentives to registered enterprises. The active participation of the government and private sectors in the development planning of the region is one key to sustainable development. Combined strengths of different sectors can create a conducive business environment and enhance regional competitiveness. IPP consultations are avenues to assess the...

ARMM Businessmen Call For Inclusive Peace And Development In Their Meeting With The Swiss Ambassador To The Philippines

The Ambassador of Switzerland to the Philippines, Andrea Reichlin, met in this city with businessmen from the Autonomous Region in Muslim Mindanao (ARMM) representing various business support organizations and chambers of commerce in the region in a meeting hosted by the ARMM Regional Board of Investments (RBOI) at their office.
 
The Swiss embassy’s Human Security advisor and First Secretary Martina Schmidt accompanied her during the visit.
 
The businessmen led by the Promotion of Investment Sustainability Organization (PISO), together with the Metro Cotabato Chamber of Commerce and Industry, Muslim Chamber of Commerce and Industry of Kutawato, the Bangsamoro Business Club, including big business investors in the region, such as Lamsan Corn Starch factory, Agumil Oil Palm Milling, Unifrutti Banana Plantation and Matling Cassava Starch Milling, welcomed the Swiss Ambassador in her first visit to the region...

MAMASAPANO ONE YEAR-LATER: Php 7.8 Billion In Business Investments In ARMM And Rising

Investments soared in the Autonomous Region in Muslim Mindanao (ARMM) to a whopping Php 7.8 billion from January 2015 to the present despite the Mamasapano tragedy, which happened a year ago on January 25, 2015. On that date, the police Special Action Force (SAF) on a mission to Mamasapano, Maguindanao to arrest a high-value police target, Marwan Zulkifli  bin Hir, had an encounter killing more than 60 people, including 44 of the elite force wiping out their entire SAF company almost to the last man except for a lone survivor, and 18 from a mixed group of guerilla fighters.

 
Despite the Mamasapano debacle last year, the Regional Board of Investments (RBOI) recorded Php 6.5 billion total investments in 2015, the best year ever for private...

Despite BBL Uncertainty And Mamasapano Tragedy, ARMM Investments Up With P1.3-B Oil-palm Project In Maguindanao

Investments in the Autonomous Region in Muslim Mindanao (ARMM) are off to a good start in 2016 following the approval last Friday by the Regional Board of Investments (RBOI) of the registration of the P1.3 billion oil-palm plantation project of Gintong Agri-Corporation. 
 
This is despite of the uncertainty of the Bangsamoro Basic Law (BBL) passing  into law in Congress and the upcoming first year anniversary of the tragedy that  shocked the nation on January 25, 2015 claiming the lives of more than 60 individuals in the town of Mamasapano in Maguindanao following a police operation by the Special Action Force to get Marwan Zulkifli bin Hir, a wanted bomber, leading to a fierce encounter with Moro rebel groups.
 
For its initial operation, Gintong Agri...

ARMM's Best Year Ever: P6.5-B Investments In 2015

(COTABATO CITY. December 9, 2015.) The Regional Board of Investments - Autonomous Region in Muslim Mindanao  (RBOI-ARMM) has recorded a Php6.5 billion total investments this year exceeding 900% of its 2015 agency target of Php 700 million. This 2015, is the best year ever since the region has generated the highest value of investments in the 26-year history of ARMM.   This was reported by RBOI yesterday during the Year-End Meeting of the ARMM Cabinet -Economic Growth and Linkages (EGL) Cluster held in Cotabato City presided by cluster head RBOI Chairman, Atty. Ishak V. Mastura.

This year, RBOI approved eight (8) investment projects.  Al-Sahar Agri Ventures Inc.  is the biggest investor  to develop a Php 3.7 billion cavendish banana plantations in  Maguindanao. Second is Chan C. Mining  Incorporated which invested  Php742 million  for a mining and quarrying of nickel ore project ...