Record investment flowing into ARMM
The Board of Investments (BOI) of the Autonomous Region in Muslim Mindanao recently approved the registration of P1.451-billion worth of investments. This is a leap to progress as they indicate surging investors’ confidence in the forthcoming Bangasamoro region. The investments flowed in during the first two months of the year only; they were approved last Feb. 13. This is really a record high, and though this is not yet a reason or a time to rejoice, we are ecstatic.
For us in the region, this will foster progress, development and the good life which we have all been anticipating ever since. We agree with regional BOI chair Ishak Mastura: The high record of investments sprung from the signing of the annex on normalization of the Framework Agreement on the Bangsamoro, the last annex out of four, signed by the Philippine government and the Moro Islamic Liberation Front.
Like everyone, we are monitoring developments in our region and we hope that the Bangsamoro Basic Law would be passed soon by Congress. We hail the positive outcome of peace talks between the government and the MILF.
—LEE S. SAN PEDRO,
