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  • Malaysian firms eager to invest in Mindanao

Malaysian firms eager to invest in Mindanao

Editor December 2, 2012
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PAGADIAN CITY (Mindanao Examiner / Dec. 2, 2012) – The Philippines said Malaysian firms are eager to put up investments in Mindanao.

The Philippine Embassy in Kuala Lumpur and the Mindanao Development Authority recently held the Mindanao Business Networking Forum attended by some 150 participants.

Officials said the forum – also attended by MDA head Luwalhati Antonino and Autonomous Region in Muslim Mindanao Vice Governor Bainon Karon, and some 45 Mindanao-based businessmen and government officials – generated significant interest among Malaysian businessmen and is expected to lead to sizable investments in the southern region.

Joining them were some 70 Malaysian investors and government officials led by Malaysian Ministry for Trade and Industry Deputy Secretary General for Trade Mohd Ridzal Sheriff; Putrajaya Chamber of Commerce President and concurrently Malay Chamber of Commerce Deputy President Dato’ Hj Mohammed Alayuddin Hj Hasan; and Lembaga Tabung Haji Chairman Tan Sri Dato Sri’ Abu Musa Mohamed Nor.

The forum was the first-ever international investment forum for Mindanao after the signing of the Framework Agreement between Manila and the Moro Islamic Liberation Front.

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