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PIA Press Release
2007/08/30

Davao bizmen seek agri processing zone

by Prix D Banzon

Davao City (30 August) -- With the volume of agricultural products that Davao is producing, the city is looking for area that could be converted into a processing zone.

Davao City Chamber of Commerce and Industry, Inc. (DCCCII) vice president for Agribusiness Ferdinand Maranon in an interview said Davao needs a processing site where excesses of agri produce can be processed rather than go to waste.

He said there is bumper harvest of fruits and if there are processing areas these excesses could either be processed into dehydrated or sweetened products.

"These could also add value to the produce and increase the shelf life as well as increase income of producers," he said.

He cited the First Oriental Export Processing Zone in Panacan as an ideal area because the location is near the port.

"The over 20 hectares area could be developed and submitted to the Philippine Export Zone Authority for accreditation," he said.

He said these would need huge investment because export processing zone area must be equipped with facilities and infrastructures like roads and must have power and water and other basic requirements.

It must also have environmental clearance certificate he said and when all requirements are complied then this could be marketed as an investment area.

The First Oriental Export Processing Zone was not totally developed and met difficulties when the market was hit by the financial crisis.

He said there is nothing definite of the plan as yet but ideally the site is a potential export zone area.

He also said that there is no proponent yet as to investment of agribusiness area. (PIA XI) [top]

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