$100 million Japanese market for local okra and edamame soybean
Here’s a good news. Market for locally grown products is expanding overseas!
The Philippine Chamber of Commerce and Industries (PCCI) sees a fruitful business opportunity from developing okra and soybean vegetable (edamame), which would deliver a projected $100-million Japanese market in 5 years’ time.
PCCI in partnership with the Institute of Plant Breeding (IPB), said will conduct a technical assistance platform that may contain breeding of okra that has an expected $100 million Japanese market, Rappler reported.
The planned breeding of edamame and okra for the Japanese market is the topmost priority of the PCCI-IPB partnership, said PCCI Agriculture Committee Chief Roberto Amores in a statement.
“Genetic improvement in our fresh vegetables for Japan will be the key to increasing productivity of farmers” Amores added.
Talks on the planned breeding of high value crops between the two groups began last June 2, Rappler said.