BARMM approves P467.8-M investments in Tawi-Tawi tourism

BARMM approves P467.8-M investments in Tawi-Tawi tourism

/ 11:17 AM July 04, 2024

BARMM okays 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.

Article continues after this advertisement

READ: BARMM breaches investment target

FEATURED STORIES

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.

Article continues after this advertisement

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.

Article continues after this advertisement

“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.”

Article continues after this advertisement

READ: Students, community leaders in BARMM favor economic Cha-cha

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.

Article continues after this advertisement

“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.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

“We are thrilled to see the Bangsamoro economy flourish with the continuous influx of investments in the tourism sector,” Pasigan said.

TAGS: BARMM, Tawi-Tawi

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.