Bright Future for Philippine Coconut Industry

Leaders in the coco coir and coco peat sectors are confident the industry is headed for a bright future in light of the commitment of support displayed by the administration of President Benigno S. Aquino III.

Speaking at the Davao City Business Forum Tuesday here, Ariel Aguirre, president of the Philippine Coconut Exporters Association (PHILCOIR) said they are optimistic of a very positive development in the coco coir and coco peat industry with the sincerity being displayed by the Aquino administration and directly concerned government agencies among others, the Department of Agriculture DA) and Department of Trade and Industry (DTI) to support the industry.

Aguirre said during the recently concluded National Coconut Coir and Coconut Peat Summit in Davao City, the sector came up with resolutions to help boost the industry. The resolutions were forwarded to the Office of the President for approval and action.

“If the resolutions will be implemented we are very positive of developments in the coco coir and coco peat industry,” he said.

Aguirre cited two resolutions that are very important for the industry. These include the will of government to create farm-to-market roads and other infrastructure to help the coco coir and peat sector collect coco husks in interior farmlands. The other resolution is for the government to accelerate organic farming to find market for coco peat (dust from the coconut husk).

Coco peat can be processed into organic fertilizer. Davao Region has the biggest production of coco coir and coco peat nationwide.

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