BARMM approves P467.8-M investments in Tawi-Tawi tourism
INQUIRER FILES
COTABATO CITY — A luxury resort hotel complete with convention hall and other amenities will soon rise in Bongao, Tawi-Tawi to cater to both foreign and local tourists, officials said.
Mohamad Omar Pasigan, chairperson of the Bangsamoro Autonomous Region in Muslim Mindanao BOI (BBOI), said the P467.8 hotel facility to be put up by the Dahuwan Tampeh Resort, had just been given the greenlight by BBOI in a board meeting on Monday.
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It is one of the big ticket investment projects approved by the BBOI this year, further increasing the total investments generated in the BARMM to P3.8 billion as of the second quarter of this year, exceeding by as much as 50 percent the region’s P2.6 billion investments target for the entire year.
“This marks another significant investment in the BARMM, signifying the growing attractiveness of the region as a tourist destination,” Pasigan told the Inquirer on Tuesday.
Pasigan said the BBOI’s approval of the project signified the resort’s compliance with BARMM’s investment requirements and would pave the way for its construction and eventual operation.
“BBOI is thrilled to welcome Dahuwan Tampeh Resort to the growing roster of tourism establishments in the BARMM,” Pasigan said. “We look forward to seeing Dahuwan Tampeh Resort flourish and become a major tourist destination, attracting visitors to experience the unique beauty and culture of Tawi-Tawi.”
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According to Pasigan, the Bangsamoro region has the potential to become the country’s major tourist hub with its pristine natural environment, rich cultural heritage and the warm hospitality of its people.
“This investment serves as a positive indicator of investors’ confidence in the BARMM and the region’s bright future.”
In May this year, BBOI also approved the P74.4 million project of Silong Verandah Mountain Resort in Barangay Awang, Datu Odin Sinsuat town of Maguindanao Del Norte. The project is expected to generate 45 new jobs.
“We are thrilled to see the Bangsamoro economy flourish with the continuous influx of investments in the tourism sector,” Pasigan said.
