P1.3-B oil palm VENTURE up in Maguindanao

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COTABATO CITY, Maguindanao: Investments in the Autonomous Region in Muslim Mindanao (ARMM) are off to a good start in 2016 with the registration of P1.3 billion oil-palm plantation project of Gintong Agri-Corporation. Lawyer Ishak Mastura, Regional Board of Investments (RBOI)-ARMM chairman, said Gintong Agri Corp. will develop a 5,000-hectare oil palm plantation in Datu Odin Sinsuat, Maguindanao then expand up to 20,000 hectares to several municipalities, particularly in Talayan and Guindulungan. Gintong Agri, mostly Singaporean-owned, is expected to create 1,000 jobs upon its full operations.

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JULMUNIR I. JANNARAL

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