Mindanao identifies 11 priority agri sectors
At least 11 agricultural sectors have been identified under the Mindanao Development Corridor for priority investment promotion.
These sectors are rubber, oil palm, cacao, coffee, coconut, poultry and duck, banana, seaweeds, tuna, tourism, sardines and fruits and vegetables.
Mindanao offers large tracks of land that can be converted into plantations by big companies which intend to go into corporate farming.
To facilitate the entry of investors in Mindanao, which plight has gained heightened prominence following the rise into power of President Rodrigo Duterte, the first Philippine president to come from Mindanao, major infrastructure investment projects in Mindanao have been undertaken.
These include the Panguil Bay Bridge in Misamis Occidental; Zamboanga Special Economic Zone and the new Zamboanga International; Airport; Sanga-Sanga Airport in Tawi-Tawi; Polloc Port Development in Parang, Maguindanao; Operation and Management of the Laguindingan Airport Development in northern Mindanao; GenSan Aerotropolis; Davao International Airport; and the Davao Sasa Port; and Mindanao Railway System.(END)