PRLS Reviews Draft Bangsamoro Investment Code

To help refine the Bangsamoro Investment Code, the Policy Research and Legal Services (PRLS) attends the Bangsamoro Board of Investments Technical Working Group (BBOI TWG) meeting on April 13.

PRLS Director Nassef Manabilang Adiong has served as a resource speaker during the meeting, along with the heads of two divisions under the service, Atty. Hisham Biruar and Mr. Vincent Casil. The BBOI TWG, of which the PRLS is a member, convened to review and discuss matters relating to various sections of the bill.

The said TWG was formed after the BBOI adopted a resolution to expedite the approval of the draft of the proposed measure on Regional Investment Incentives Law, or the Bangsamoro Omnibus Investment Code.

The measure is one of the priority legislation the Bangsamoro Government intends to pass in order to “promote investments in the region and render fiscal incentives-giving services for the development of the regional and national economy in consonance with the principles and objectives of achieving regional and global competitiveness; fostering economic efficiency; encouraging and supporting investments that promote region-wide development and create productive and quality employment.”

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