Regional Bangsamoro Board of Investments (BBOI) Board Governor Mohammad Pasigan in a statement said during their field monitoring visit on August 4, among the products invested in the were Usman Banana Farm-Cardava worth P277,664,721 Tayan Banana Farm-Cavendish, P128-million and Abai Banana Farm-Cavendish P62,440,000.
"The whole fields before were once a war zone and now an economic zone in the region," he said.
Pasigan said, currently, the three companies generated a total employment of 519 local farmers in the area. Many of them are former combatants.
"Our office encourages investor-friendly and effective partnerships among registered companies in the region. Hence, visiting them is essential to ensure our continued sharing of knowledge with the companies that may benefit them in the scope of their business," he said.
While Regional BBOI is responsible for the development of investments in the BARMM, it also leads the promotions of various industries and investment opportunities, and assisting local and foreign investors to venture and thrive in vast areas of economic pursuits.
“We could help the company with their marketing and promotions, avail of incentives, and provide all the necessary information needed to help grow their business to its maximum potential,” he said.
As the lead agency in promoting various investment opportunities in the region, Regional BBOI is mandated to monitor the status of registered companies, purposely to revisit and review regional investments policies.
Photo:Bangsamoro Information Office