Establishing agro-industrial zones can in Mindanao help in developing agriculture sector, executive of Damosa Land, Inc. (DLI) said.
Based on Ricardo Lagdameo, DLI first vice president, putting agro-industrial zones in Mindanao seemed to be feasible, since the island’s economy is driven by agriculture.
As cited in the report from Sunstar, Lagdameo stated that “Mindanao is number one in a lot of agriculture products such as bananas, coconut, cacao and rubber in the entire Philippines. This means that we have a lot of potential for the success of this industry, especially that it creates a lot of diverse job opportunities.”
Moreover, with agro-industrial zones, farmers will obtain more opportunities in developing agriculture sector.
As stated in the Board Resolution 07-232 of the Philippine Economic Zone Authority (Peza), “agro-industrial economic zone shall be planned and designed to have support facilities and services required for processing and agro-based manufacturing activities, utilizing local agricultural and marine products as basic raw materials.”
Accordingly, Lagdameo mentioned that agro-industrial zones will also involve ” locators that are indirectly related to agriculture.”
He emphasizes various companies that are not limited with agriculture related: “AIE are producers of agro-industrial products such as pallets and plastic packaging products”.
Also, report mentioned, “Packwell, one of the most recent companies to sign-off a deal to locate a manufacturing plant in AIE, is one of Japan’s leading producers of high quality paper packaging products for products such as Godiva, a renowned chocolatier in the world. The most recent addition to AIE’s locators is the Chinese company Davao Zhenzhi Plastics Corp. which produces plastic packaging products for fresh produce.”