President Aquino said sustaining the economic growth achieved in 2012 would be among the serious challenges his administration would face in the next three years.
Buoyed by the positive outlook arising from the initial peace agreement signed with the Moro Islamic Liberation Front (MILF), the government held the first-ever Mindanao Business Networking Forum in Kuala Lumpur, Malaysia, to attract investors to Mindanao and hasten the development of the region.
Several investors have already expressed interest in putting up their businesses in the Autonomous Region in Muslim Mindanao several days before the formal signing of the “Framework Agreement” forged between the government and the Moro Islamic Liberation Front that is hoped to end the decades-old war in the region, ARMM Governor-in-charge Mujiv Hataman said Tuesday.
President Aquino on Thursday ratcheted up business’ interest in the future Moro homeland Bangsamoro, saying it offers more areas for development, as he expressed confidence an “enduring peace” in Mindanao was within sight.
President Benigno Aquino is upbeat about the prospects of the future Moro homeland in Mindanao, Bangsamoro, especially as a hub of information technology (IT) and business process outsourcing (BPO) companies.
Malaysia’s Felda Global Ventures, the world’s largest crude palm oil producer, is the first foreign investor to evince interest in Mindanao after the government agreed on a historic peace deal with Moro rebels, potentially opening up tracts of farm land.
