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May itatayong resort! Bangsamoro gov’t exceeds investment goal for 2024 – BBOI

The Bangsamoro government has already exceeded by 50 percent its investment target for this year with the recent approval of a tourism-related project.

Bangsamoro Board of Investments (BBOI) Chairperson Mohamad Pasigan said with the approval of the P74.4-million project of Silong Verandah Mountain Resort (SVMR), the total investments secured for the second quarter of 2024 reached P3.8 billion, surpassing the P2.6 billion investment target for this year.

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

“The resort’s construction and operation could create jobs for Tiduray residents, boosting local income and fostering economic development,” he said.

The resort will be built at Km. 11, Tenorio, Awang, Datu Odin Sinsuat, Maguindanao del Norte.

“The resort’s establishment might lead to improved infrastructure in the area, such as roads and utilities, benefiting the entire community,” the official added.

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