Philippines to launch coconut cluster

The Philippines, among the leading coconut producers worldwide, will create a 150-hectare industrial complex in Quezon for the country’s coconut industry that would include all essential support facilities, the Philippine Coconut Authority (PCA) has announced.

The setting up of the industrial zone was part of its Coconut Industrial Development Plan, the PCA said.

The project should be started within 2013 and aims to encourage investments and boost the country’s coconut industry. It would make the Philippines a center of the coconut oil market and trade in Asia, the PCA said. The government also intends to step up production of coconut-derived products such as health and personal care products.

In 2012, the Philippines exported more than 1.5-million metric tonnes of copra, coconut oil, copra meal, desiccated coconut, coco shell charcoal, activated carbon and coco chemicals, a slight 1.49 per cent increase compared to the volume exported in 2011, see our earlier story.

There are 3.5 million hectares dedicated to coconut production in the Philippines, which accounts for 25 per cent of total agricultural land in the country. The Philippines ranks near the top in global coconut production with over 15 billion nuts produced per year.

 



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The Philippines, among the leading coconut producers worldwide, will create a 150-hectare industrial complex in Quezon for the country's coconut industry that would include all essential support facilities, the Philippine Coconut Authority (PCA) has announced. The setting up of the industrial zone was part of its Coconut Industrial Development Plan, the PCA said. The project should be started within 2013 and aims to encourage investments and boost the country’s coconut industry. It would make the Philippines a center of the coconut oil market and trade in Asia, the PCA said. The government also intends to step up production of coconut-derived...

The Philippines, among the leading coconut producers worldwide, will create a 150-hectare industrial complex in Quezon for the country’s coconut industry that would include all essential support facilities, the Philippine Coconut Authority (PCA) has announced.

The setting up of the industrial zone was part of its Coconut Industrial Development Plan, the PCA said.

The project should be started within 2013 and aims to encourage investments and boost the country’s coconut industry. It would make the Philippines a center of the coconut oil market and trade in Asia, the PCA said. The government also intends to step up production of coconut-derived products such as health and personal care products.

In 2012, the Philippines exported more than 1.5-million metric tonnes of copra, coconut oil, copra meal, desiccated coconut, coco shell charcoal, activated carbon and coco chemicals, a slight 1.49 per cent increase compared to the volume exported in 2011, see our earlier story.

There are 3.5 million hectares dedicated to coconut production in the Philippines, which accounts for 25 per cent of total agricultural land in the country. The Philippines ranks near the top in global coconut production with over 15 billion nuts produced per year.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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