European Union, BARMM Launch Major Agriculture Investment Program in the Philippines
Business
BAEP is part of the EU’s long term support to building lasting peace and promoting inclusive development in the BARMM.
The program will support small to medium sized producers and businesses in the agri-fishery value chains on the three island provinces of Basilan, Sulu and Tawi-Tawi (BaSulTa), as well as the Halal sector and the promotion of private sector investment throughout the BARMM.
This initiative will complement other EU peace and development programs, such as Support to Bangsamoro Transition (SUBATRA) (PhP 1.5 billion), the Peace and Development Program BARMM (PD-BARMM) (PhP 1.5 billion), and the Mindanao Peace and Development Program (MINPAD-Rise) (PhP 2.1 billion), by contributing to the autonomous regional government’s efforts to help local communities improve and secure livelihoods.
BAEP will further support the BARMM’s work to foster the region’s capacity to promote quality food products and attract investment in the Agri-fishery sector. Particular attention will be paid to empower vulnerable populations in Bangsamoro, such as indigenous peoples, women, and youth.