Sarawak investors eye palm oil plantation in Davao
DAVAO CITY – Members of the Sarawak Chamber of Commerce linked up with the local business group here to explore opportunities in palm oil industry.
Davao City Chamber of Commerce and Industry (DCCCII) chair Arturo Milan said:”That is how attractive Davao City and the Davao Region are over the years under the presidency of Rodrigo Duterte. Their president (Sarawak chamber) will be coming over and they will be bringing a delegation coming from Sarawak and the president was asking me when is the best time to come. They are just waiting for our advice,” Milan said.
“Remember this is the flagship of Kota Kinabalu that uplifted the economy of Kinabalu in Malaysia — the palm oil business,” he said.
President Duterte has been keen on helping farmers in Davao if they, including the lumads, would agree with investors looking for land to establish a palm oil industry.
When he was city mayor, Duterte urged farmers in Paquibato to engage in oil palm. He even offered help so New People’s Army (NPA) rebels can link with investors and set aside their firearms. But it never happened because members of the NPA and their supporters campaigned against the entry of investors.
Milan stressed that an oil plantation also needs to put up a processing plant.
“You need to have a processing facility because you have only 24 hours to process after harvest. The plantation should have a mill,” he said.
Milan said the business sector is also pushing for manufacturing or processing plants for raw materials from Mindanao. He cited for example cacao.
“We are happy to see that many local producers are already producing chocolates and that’s a very good indication that we are already processing not only exporting cacao beans,” he said. (Lilian C. Mellejor/PNA)