Negosyante News

July 5, 2024 9:56 am

Davao del Norte To Create Bamboo Investment Program

 

IMG SOURCE: Business Mirror

 

Davao del Norte Governor Edwin I. Jubahib issued a directive last October which creates an investment plan and prioritizes the bamboo sector.

 

Executive Order no. 39 series of 2022 creates the Provincial Core Planning Team that will draw up the Provincial Commodity Investment Plan for Davao del Norte’s Bamboo.

 

The Provincial Core Planning Team would be mandated “to spearhead the overall management of activities and set the general direction in formulating the Provincial Commodity Investment Plan for Bamboo;  ensure that the PCIP for Bamboo is prepared through participatory approach and in harmony with national and regional plans, and coordinate with other concerned agencies to facilitate technical assistance to stakeholders in the province.”

 

The team would be led by  Sangguniang Panlalawigan Board Member Nicandro Suaybaguio Jr. of the 1st District of Davao del Norte and Provincial Administrator Josie Jean Rabanoz.

 

In Governor Jubahib’s executive order, he “expressed the support of the provincial government for green products and the marketing of traditional bamboo products,”

 

Governor Jubahib called bamboo a “cost-effective and attractive complement and or alternative to plastic, metal and wood materials, which has great potential of generating more jobs and self-employment opportunities in Davao del Norte.”

 

The Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development (PCAARRD) has mentioned that bamboo is considered one of the world’s most economically significant non-timber forest products.

 

According to PCAARRD, the Philippines is the 6th biggest bamboo exporter in the world.

 

Source: Business Mirror

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