Cocoa to be planted in Panay island
An 890-hectare agro-forestry area in Panay island will be planted to cacao under a partnership among the German international cooperation agency Gesselschaft fur InternationaleZusammenarbeit (GIZ), Cocoa Foundation of the Philippines (Cocoaphil), and the Department of Environment and Natural Resources (DENR).
Malaya Business Insight, quoting Cocoaphil president Edward David, said the project will help beef up the country’s cocoa production for the export market. Cocoa global shortage is predicted at one million metric tons (MT) by 2020.
Under the memorandum of agreement, the 890-hectare land area will be planted to cacao, coffee, abaca and other crops.
Maximum support to farmers is P10,000 for material subsidy and P4,000 for labor subsidy. The same support is allocated for coffee and abaca, said Bernardo Agaloos Jr., GIZ senior adviser.
Agaloos said all produce that meet quality standards will be bought by Cocoaphil, Manila Cordage and Nestle.
Planting will be done in Ibajay and Libacao in Aklan; Pandan, Sebaste, Laua-an, Bugasong,Valderrama, Patnongon, Sibalom and San Remigio in Antique; Tapaz, Capiz; and San Joaguin, Miag-ao, Tubungan, Janiuay and Lambunao in Iloilo.
Cocoaphil will take care of processing the cacao into chocolates and link cacao farmers to markets.