by Thata G. Roxas
PHILIPPINES. Philippine Information Agency. Cagayan de Oro City (7 October, 2008) -A total of 1,000 hectares of land is being set aside by the City Government of Tangub for cassava production in support of the target of the provincial government of Misamis Occidental.
According to Provincial Agriculturist Jose Sattore, the land is located at the hinterland barangays in the city.
"Tangub City, through the leadership of Mayor Tan, is setting aside 1,000 hectares of land to be used for cassava plantation and these barangays will benefit the support from Korean investors, " Satorre said.
He added that this project would surely provide employment and livelihood to the people in the barangays because as stakeholders, they would be the one to undertake the project by planting cassava and the investor will directly buy the product from the farmers.
He further said that three months ago, the two investors--Isabela Corporation and Biograde Corporation visited the province and expressed their desire to put up business in Misamis Occidental through cassava production.
Because of this, Governor Loreto Leo S. Ocampos directed Satorre to coordinate with all the local government units in the province and to negotiate for the area to be utilized for cassava production.
Because of the positive impact of the project, Tangub City is one of the local government units in the province that supported this as it would help uplift the economic status of Tangubanons.
Aside from Tangub City, the municipalities of Bonifacio, Clarin, Tudela, Sinacaban up to Sapang Dalaga and the cities of Oroquieta and Ozamiz are also sparing hectares of land for the project.
Based on the initial agreement, a total of P90 million will be invested for the entire project in Misamis Occidental, of which 90 to 95 percent of the cost will directly benefit the farmers.
Likewise a P225-million worth of processing plant will be built to process the produced cassava from the province.
According to Satorre, anytime this month, the investor will come back to finalize the contract, signaling the start of the project-the primary reason his office is currently fast-tracking the coordination with the different LGUs in Misamis Occidental. (DXMP-RNB-Tangub/PIA-Tangub City i-Net)
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