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  • Malaysian traders lured to invest in Mindanao

Malaysian traders lured to invest in Mindanao

Editor November 29, 2012
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PAGADIAN CITY (Mindanao Examiner / Nov. 29, 2012) – Malaysian investors have been invited to tap the immense resources and business opportunities in Mindanao, especially in the area of agriculture, infrastructure and mining.

Philippines Ambassador to Malaysia J. Eduardo Malaya said at present most Malaysian companies are operating in Metro Manila in the services and infrastructure sectors.

Among the Malaysian companies are Resorts World, MTD Capital, Maybank and Berjaya Corporation.

Malaya said Mindanao in the southern Philippines has largely untapped resources. Its vast tracks of lands are very suitable for agricultural activities and available for oil palm, rubber and coffee plantations, as well as marine culture, including seaweed production, the Philippine News Agency and Bernama news agency reported.

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