Investment pledges in the Autonomous Region in Muslim Mindanao (ARMM) grew via nearly seventy four percent to P3.65 billion in the first six months of 2017 amid the war in Marawi City that started out in the third week of May.
“Despite the Marawi crisis, the funding potentialities of ARMM maintain to reveal symptoms of resilience and dynamism due to the fact the [Marawi] disaster region has efficiently been contained via the authorities,” stated Ishak Mastura, chairman and coping with head of ARMM’s Regional Board of Investments (RBOI).
The first-half of discern rose from the P2.1-billion tally recorded within the identical period last year.
The business enterprise has so far registered 3 main initiatives this 12 months.
The first is the P32-million fish processing and bloodless garage assignment of Abing Seafoods and Cold Storage in Bongao, Tawi-Tawi so that it will permit fisherfolk to technique, shop and hold their catch.
The 2nd is the P33.5-million cargo delivery venture of J. Sayang Shipping Lines, Inc., additionally in Bongao, Tawi-Tawi, for inter-island exchange in addition to move-border shipping with Sabah, Malaysia.
“Despite the Marawi crisis, the funding potentialities of ARMM maintain to reveal symptoms of resilience and dynamism due to the fact the [Marawi] disaster region has efficiently been contained via the authorities,” stated Ishak Mastura, chairman and coping with head of ARMM’s Regional Board of Investments (RBOI).
The first-half of discern rose from the P2.1-billion tally recorded within the identical period last year.
The business enterprise has so far registered 3 main initiatives this 12 months.
The first is the P32-million fish processing and bloodless garage assignment of Abing Seafoods and Cold Storage in Bongao, Tawi-Tawi so that it will permit fisherfolk to technique, shop and hold their catch.
The 2nd is the P33.5-million cargo delivery venture of J. Sayang Shipping Lines, Inc., additionally in Bongao, Tawi-Tawi, for inter-island exchange in addition to move-border shipping with Sabah, Malaysia.
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