The provincial government of Cotabato through the Philippine Palmoil Developmet Council, Inc. will hold the 7th National Palm Oil Congress on August 25-26 at JC Complex, National Highway, Kidapawan City.
Around 500 palm oil planters, investors, bankers, agricultural leaders, academe, government line agencies and the local government units are expected to attend to this event with the theme “Promote Peace, Economic Prosperity and Overcome Poverty thru Oil Palm Farming.”
The congress is estimated to cost more than a million but in an interview with North Cotabato Government Emmylou “Lala J. Taliño-Mendoza, she said that this investment is nothing compared to its magnificent return since this will provide opportunities that will surely boost the economic industry of the province.
“It is a manifestation of our commitment in pursuing investment policy. Palm oil industry is just one of the potential investments that the province is supporting. In fact, we continually provide venues for many interesting parties to visit areas in the province being facilitated by the Cotabato Provincial Investment Promotion Council” the government concluded.
Palm oil plantation in North Cotabato is now almost 6,000 hectares of which bulk of this is located in the municipalities of Tulunan and Mlang with 1,365 and 1,021 hectares respectively.
With this huge number of plantation in the province, several stakeholders like Agumil, Kenram, RNF, NCPOC, Cargill and Aberdi have engaged and supported the planting of oil palm in the province. These industries provided technical support to palm oil planters, researchers and evaluations on potential sites.
North Cotabato also invested in the plant now pay later program. As of this writing, 533 growers have already benefited the program covering 1,762 hectares.
