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Manila Bulletin

Food and beverages manufacturing project up in Sulu

Food and beverages manufacturing project up in Sulu

By AJ Siytangco

By Nonoy Lacson ZAMBOANGA CITY - The Regional Board of Investments (RBOI) in the Autonomous Region in Muslim Mindanao (ARMM) has approved recently the application of Sulu Food and Beverage Corporation (SFBC) to register with the agency their food and beverages manufacturing project worth P8 million in Indanan, Sulu.

RBOI chair Ishak Mastura (Photo courtesy of rboi.armm.gov.ph / MANILA BULLETIN)

RBOI chair Ishak Mastura
(Photo courtesy of rboi.armm.gov.ph / MANILA BULLETIN) RBOI chair Ishak Mastura said the investment is backed by one of the oldest food and beverage companies in the country which was established 166 years ago - Destileria Limtuaco. Mastura said this is the first time that Sulu received an outside investment and the first outside investment to be registered in Sulu by the RBOI. According to Mastura, this is an investment milestone for the country because Sulu, as one of the most conflict-affected areas in the country, was previously considered a "no go zone" for investors. “With the registration of this investment project in Sulu, all five provinces in the ARMM now have registered investments with the RBOI, which is unprecedented and has never happened before,” added Mastura.

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