Agusan Norte Opens Massive Agri-Production Opportunities

Manila Bulletin, November 28, 2010 | Go to article overview

Agusan Norte Opens Massive Agri-Production Opportunities


BUTUAN CITY, Philippines - Full economic boom is expected in Agusan del Norte starting next year as the provincial government opened to any business group, both foreign and domestic, and individuals, for agri-production co-management sharing partners in the more than 50,000 hectares in the northwestern side of the province.The open areas for massive agri-production co-management partners in 2011 are located in the municipalities of Las Nieves, Buenavista, Nasipit, and Carmen (Lasbuenascar), said Agusan del Norte Vice Gov. Enrico Corvera.According to Corvera, these areas are open for cassava, banana, and palm oil tree plantations and other farm productions."This is a big boost to our economy in terms of revenues and employment generation as livelihood to our far-flung villagers," said Corvera.He said Koreans and other European business groups and other large Philippine business companies are already coming in to invest farm productions in Lasbuenascar."They are aiming from 2,000 hectares up to 5,000 hectares for agri-production," he said.The vice governor also said the provincial government is now also preparing tax holidays and other incentives to business groups who can initially avail of the lands that the provincial government has offered. …

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