Wednesday, November 14, 2012

Mindanao peace process boosts ARMM’s investment climate

From the Philippine Star (Nov 14): Mindanao peace process boosts ARMM’s investment climate

 

Mujiv Hataman, acting ARMM governor and Major Gen. Ceasar Ronnie Ordoyo lead the symbolic planting of a Cavendish banana seedling in the newly established farm site of a multinational fruit firm in Datu Abdullah Sangki town in Maguindanao. The Costa Rican manager of the agricultural outfit, Miguel Purtuguez looks on (left). - John Unson

Local officials in Basilan and Tawi-Tawi assured they can also accommodate foreign-funded agricultural ventures the way their counterparts do in the now investments-friendly Maguindanao, where the dividends of Southern Mindanao peace process have started spreading around. Muslim communities in Datu Abdullah Sangki town in Maguindanao held Tuesday the symbolic rite for the start of the commercial operations of the municipality’s first ever foreign-assisted, P569-million Cavendish banana plantation. The banana farm being established by the Delinanas Development Corp., a subsidiary of the Del Monte Fresh Produce Inc., will initially employ 866 local residents, company officials said.... Furigay said he and his constituent-public officials were fascinated by Tuesday’s launching of the 500-hectare Cavendish banana farm project in Datu Abdullah Sangki, which is surrounded by enclaves of the Moro Islamic Liberation Front. “The foreign investors responsible for bringing in that project can also come to Lamitan City and try investing in our territory since Basilan is also inside the proposed Bangsamoro region the MILF wants to put up,” Furigay said. The launching of the banana farm was jointly led by Major Gen. Ceasar Ronnie Ordoyo of the Army’s 6th Infantry Division, Autonomous Region in Muslim Mindanao Gov. Mujiv Hataman, Datu Sangki Mayor Acmad Sangki and the Costa Rican operations manager of the multinational firm Delinanas, Miguel Purtugeuz....

http://www.philstar.com/nation/2012/11/14/866599/mindanao-peace-process-boosts-armm%E2%80%99s-investment-climate

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