COTABATO CITY—The crucial role played by the Bangsamoro Board of Investments (BBOI) in improving the ease of doing business within the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) was acknowledged by the Anti-Red Tape Authority (ARTA).
On Oct. 13, in Cagayan de Oro City, ARTA Secretary Ernesto Perez and BBOI Chairperson Mohamad Omar Pasigan joined hands in recognition of an exceptional commitment to fostering an environment where businesses and investors can thrive.
The recognition highlights BBOI’s relentless efforts to ensure a business-friendly landscape characterized by efficiency, transparency, and a client-centric approach.
Pasigan emphasized that this recognition and the promising partnership not only underline BBOI’s growing influence in shaping governance but also align perfectly with the BARMM Chief Minister’s Moral Governance campaign, aimed at driving economic development while fostering ethical and efficient governance.
“This recognition signifies a significant step towards a more efficient, conducive, and ethically responsible business environment in alignment with the broader vision of the Chief Minister’s Moral Governance campaign,” Pasigan said.
He said the BBOI looks forward to continued collaboration with the Anti-Red Tape Authority in their shared goal of improving the ease of doing business, further stimulating economic growth, and attracting investments within the Bangsamoro Region.
“Together, we are working towards a brighter, more prosperous future for the people of the region,” Pasigan stressed.
The event also served as a platform for constructive dialogue between the two key organizations.
As a result, Secretary Perez and Chairperson Pasigan, along with BBOI Governor Suharto Ambolodto, engaged in discussions and potential collaborations that could further simplify bureaucratic procedures, reduce red tape, and boost the ease of doing business within the Bangsamoro region.
Republic Act No. 11032, which was signed into law on May 28, 2018, effectively amends Republic Act 9485, known as the Anti-Red Tape Act of 2007, with a focus on streamlining the current systems and procedures of government services, particularly concerning improving the competitiveness and ease of doing business in the Philippines. (Kasan Usop, Jr./BIO)