Mindanaotoday.com | MTIT efforts to boost investment opportunities in BARMM underway
By: Pamela Joyce Fumero
MARAWI CITY – In response to the increasing interest in potential investment opportunities in the Bangsamoro Autonomous Region of Muslim Mindanao (BARMM), the Ministry of Trade, Industry, and Tourism (MTIT) through the Bureau of Investment, in coordination with the MTIT field office in Lanao del Sur conducted a seminar-workshop on investment proposal writing and development.
Mohammad Taha Basman II, MTIT’s consultant from The Asia Foundation, led the workshop at the governor’s executive conference hall in this province’s capitol complex.
Composed of selected businesses and local government units (LGUs) of the province, the participants produced investment proposals selling their businesses and local tourist attractions.
Bureau of Investments Director Shamera Abobakar explained that they will be collecting copies of these proposals to be compiled into a booklet called “Bangsamoro Investment Opportunities,” which will contain investment proposals from all over BARMM.
“Because usually, investors ask, “What does BARMM have to offer? What can I invest in?” So it is imperative that we have papers we can present to these potential investors to show them that Lanao del Sur is worth investing in,” she explained.
Abobakar also shared that the MTIT will be conducting similar seminars and workshops throughout the region, both to enhance the knowledge and skills of LGUs and local businessmen and as a means of collecting investment proposals.
“We hope to gather more investment proposals. These proposals, In Sha Allah, will translate to the entry of new investments na magiging partner din nila (which will also become their partners),” she explained.
“So InshaAllah, if investments will be realized, of course this will trickle down – employee generation, more revenues, more income, and, of course, yung (the) socioeconomic development ng (of) BARMM the province,” she said. (PJF | PIA-10 | Lanao del Sur)
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