Investments in Bangsamoro region down by 54% in 2022

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Investments in Bangsamoro region down by 54% in 2022
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GENERAL SANTOS CITY (MindaNews / 02 January) – Investments in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) plunged by at least half to P1.3 billion in 2022 from P2.8 billion the prev…

GENERAL SANTOS CITY – Investments in the Bangsamoro Autonomous Region in Muslim Mindanao plunged by at least half to P1.3 billion in 2022 from P2.8 billion the previous year, data from the Bangsamoro Board of Investments showed.

These restrictions included the requirements set by various BARMM ministries, time constraints and lack of manpower in the BBOI, he said. However, for 2022, other investments in infrastructure, manufacturing and energy pushed through as investors realized their viability in the Bangsamoro region, he added.

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