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Thursday, December 22, 2005
Banana chips is good business, MBC says
THE public should know that the Philippines is number one in the world in terms of the banana chips business.
It is a good business for we have no competition, said Mindanao Business Council (MBC) vice chair Romeo Serra.
Serra said Southern Mindanao is expected to have an edge in Cardaba exports because it has the largest Cardaba area in Mindanao.
Davao region contributes about 60 percent of the total share of Mindanao, which amounts to about 70 percent of the total 320,000 hectares planted with the commodity in the entire country.
MBC is working on a fund facility for the upgrading of Cardaba farms in Mindanao and be able to financially help farmers in Mindanao.
"We are hoping to generate more jobs, at least 10,000 employment opportunities on the project for the next two years," Serra said.
Farmer groups are also bent on winning the export and local markets of Cardaba while other members of some cooperatives are now expanding production area to meet the growing demand of the commodity.
Cardaba is being exported in major markets in Japan, Africa, and Europe as banana chips.
Based on a data regarding yield performance and demand, about 2,000 hectares more are needed to satisfy the increasing demand of Cardaba for banana chip production.
For Bisaya stories from Davao. Click here. (December 22, 2005 issue)
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