COTABATO CITY — The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) hopes to become a major investment destination in the country as the Regional Board of Investments (RBOI) recorded PHP4.1 billion worth of financing in 2019 which is 80 percent higher compared to last year’s PHP2.5 billion.
COTABATO CITY — The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) hopes to become a major investment destination in the country as the Regional Board of Investments (RBOI) recorded PHP4.1 billion worth of financing in 2019 which is 80 percent higher compared to last year’s PHP2.5 billion.
The optimism is anchored on the report presented on Wednesday by Shamera A. Abobakar, RBOI senior investment specialist, following a recent RBOI year-end reporting and investment briefing held in Cotabato City.
Abobakar said BARMM Chief Minister Ahod Balawag Ebrahim has traveled to Saudi Arabia and Turkey for investment missions and to establish closer economic cooperation with the two countries earlier this year.
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