News

BBL Less Than ARMM Could Derail P1.5 Billion ICT Project With Malaysia

(COTABATO CITY, September 1, 2015)  The Regional Board of Investments of the Autonomous Region in Muslim Mindanao (RBOI-ARMM) issued today a statement expressing their apprehension that the passage of a Bangsamoro Basic Law (BBL) that is less autonomous than the ARMM could derail the multi-billion Information
Communication Technology (ICT) project of one their registered investors.

In 2011, East Asia (EA) Trilink Corporation registered with the RBOI their P1.5 billion project in the ARMM where the company is supposed to install a submarine cable link to connect Southern Philippines to Sabah, Malaysia, as part of its vision to become a leading service provider of telecommunications facilities in the Brunei- Indonesia-Malaysia-Philippines-East ASEAN Growth Area (BIMP-EAGA).  

At that time the P1.5 billion telecommunications project of EA Trilink was the single largest investment project in the ARMM.

RBOI Registers P3.7 Billion Investment Project, The Biggest In ARMM History

(COTABATO CITY, August 18, 2015). The Regional Board of Investments (RBOI) in the Autonomous Region in Muslim Mindanao (ARMM) approved today the registration of Al-Sahar Agri Ventures Inc., with the biggest investment project in the history of ARMM amounting to P3.7 billion. With the addition of the Al-Sahar investment,  RBOI has now recorded a total of P5.5 billion worth of investments  since the beginning of the year. The company is investing in cavendish banana plantations in the Province of Maguindanao with  total land area of 2,600 hectares spread in the Municipalities of Talayan Buldon, Barira, and Mangudadatu. The project is expected to create 3,900 jobs for the local folks in Maguindanao.

The Al-Sahar Agri Ventures Inc.  is an affiliate company of Unifrutti Group of Companies. Unifrutti also manages other companies like  La Frutera Inc., Wao  Development Corporation and Mount...

ARMM Board Of Investments Bags BSP's Award For Outstanding Partner For Regional Economic Development Recognizing The Role Of Business Investments In The Peace Process

 

Cotabato City, August 4, 2015.  Business investments in the Autonomous Region in Muslim Mindanao (ARMM) have been growing tremendously since 2013 as a result of the stability, especially peace and order, engendered by the peace process in Mindanao with the signing of the Comprehensive Agreement on the Bangsamoro in 2013 between the Philippine government and the Moro Islamic Liberation Front, and due to the good governance reforms of ARMM Regional Governor Mujiv S. Hataman.

The Regional Board of Investments (RBOI) has contributed to the success of the peace process by actively promoting and facilitating private sector investments in the ARMM.  As such in recognition of the role of the dissemination of regional investment information, which supports the peace process, the RBOI has been awarded “ARMM – Outstanding Partner in the Report for...

ARMM Investors Not Waiting For BBL As Investments Continue Upward Trend

 

DAVAO CITY , July 21, 2015. - The Regional Board of Investments (RBOI) in the Autonomous Region in Muslim Mindanao (ARMM) approved a P252 million petroleum investment project located in Polloc Free Port, Parang, Maguindanao. This was after the RBOI -Board of Governors  in a joint meeting with the members of the Management Committee in Davao City approved yesterday the registration of DS3 Fuel Tanking and Services Inc., the fourth project registered by the agency in 2015.  With this  new addition, ARMM has recorded Php1.8 billion total investments in the 3rd quarter of this year and continuously going up despite the uncertainty of the passage of the Bangsamoro Basic Law (BBL).

The DS3 Fuel Tanking and Services Inc. is engage into providing storage facilities, marketing and distribution of petroleum products. The company will mainly be...

RBOI Conducts Consultation On ARMM Priority Investments

(COTABATO CITY- June 16, 2015). RBOI conducted a public consultation to potential and existing investors, business leaders, concerned government agencies, and other stakeholders to help review the 2014 ARMM Investments Priorities Plan (IPP) and formulate the ARMM IPP for the year 2015.

The said consultation held on June 16, 2016 at Jehan Hall, Al Nor Complex, Cotabato City is part of the regional government’s approach to actively involve all players in the planning of the region’s economic development particularly on investment matters.

The IPP shall correspond to the Regional Development Plan of ARMM in accordance with the 2011-2016 Philippine Development Plan. The identified priority economic activities shall be the basis for the granting of incentives by RBOI to qualified investors in the region. Investments projects shall be founded on the
following parameters: (1) project’s net value added,...