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Wednesday, October 27, 2021
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Barmm holds poultry industry investment forum in Sulu

INVESTMENT FORUM. The Ministry of Trade, Investments and Tourism in the Bangsamoro Autonomous Region in Muslim Mindanao (MTIT-Barmm) conducts on Tuesday, September 21, 2021, a poultry industry investment forum and business matching to accelerate growth of the industry in Sulu. A photo handout shows the forum participants listening intently to the MTIT-Barmm officials during the activity. (SunStar Zamboanga)

THE Ministry of Trade, Investments, and Tourism in the Bangsamoro Autonomous Region in Muslim Mindanao (MTIT-Barmm) has conducted on Tuesday, September 21, 2021, a poultry industry investment forum and business matching to accelerate growth of the industry in the province of Sulu.

The activity, attended by some 270 individuals who are mostly potential poultry investors, also sought to business-match the industry players, connecting each other’s resources, services, expertise and capital to realize an investment opportunity.

Lawyer Sukarno Abbas, MTIT-Barmm deputy minister, said due to the ongoing pandemic, Barmm has recorded the biggest annual decline of -50.6 percent in poultry products from 1,708 metric tons lightweights in the first quarter of 2020 to 844 metric tons lightweights in the first quarter of this year.

“For this reason, we are conducting the activity to help revive this industry by providing investment information, capability and opportunities to those who are willing to venture into the poultry business,” Abbas said.

Meanwhile, MTIT-Barmm Minister Abuamri Taddik encouraged participants to invest and venture into poultry business given that the province mainly relies on the production of chicken and egg from Zamboanga City.

“Indeed, we have so much opportunities and more untapped resources to be developed in Sulu Province. What we need is to encourage our businessmen to invest and invite foreign investors to forge joint ventures,” Taddik said. (SunStar Zamboanga)


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