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Philippines: Del Monte opens 5,000-ha banana plantation in Agusan del Norte

The residents, especially farmers in this far-flung town of Agusan del Norte province have the reason to enjoy because a big agriculture firm is set to start its 5,000 hectare banana plantation, it was learned Thursday. The multi-million project is one of the most awaited investments and the dream of local officials expected to boost economic activity in this town and nearby areas. As “green light” in its operation, top officials of this town and the province, assisted Del Monte Fresh Produce, Incorporated in ground breaking the 5,000-hectare banana plantation at the Poblacion Gym here last week. Vice Governor Enrico R. Corvera and Del Monte Fresh Produce, Incorporated General Manager Señor Guido Bellavita jointly led the capsule laying followed by the ceremonial planting of bananas with Mayor Reinerio Rosales.

Initially, the Del Monte Banana Plantation will start with 200 hectares in Barangay San Roque, this town.

The target area of 5,000 hectares for the plantation will cover the seven barangays of Marcos Calo, Bonifacio, Katipunan, San Isidro, Malicato, Tinukluran and Poblacion.

Soil fertility and the dynamism of the people and the local government were the primary considerations of Del Monte in choosing the site. “We will participate in your progress. Take a picture of Las Nieves now and see how it will change in the future with Del Monte. We hope to grow together,” said Del Monte General Manager Señor Guido Bellavita, in his message during the ground breaking ceremony. “This is a big help because it will not only increase the income and revenues of this town but also big help in livelihood and employment,” said Vice Gov. Corvera.

Recently, a Memorandum of Agreement (MOA) was signed between a local business group led by Mr. Nandy M. Rosales and Korea IT DVR System (KIDS) Co. Ltd with its CEO Mr. Choi Yu MUK to explore and develop gold, copper and other associated minerals in this town. Close coordination is ongoing for the setting up of a mining area that will cover more than 300 hectares in the mountainous area of Barangay Sangay to as far as Barangay Guinabsan. Also late last year, a company based in South Korea, the Shine Art Valley Company Ltd., signed a Memorandum of Understanding (MOU) with the provincial government for the establishment of an initial 10,000 hectares of banana and palm oil plantation along the areas of Las Nieves, Buenavista, Nasipit and Carmen (LASBUENASCAR), Vice Gov. Corvera said.


Publication date: 1/31/2011


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