Zamboanga Peninsula - Cacao production will soon rise here as Zamboanga del Norte’s Cacao Production and Marketing Enterprise has finally secured the go signal from Department of Agriculture’s Philippine Rural Development Project (DA-PRDP).
The Cacao Production and Marketing Enterprise is a five year business plan with a total project cost of P45.5 Million under Investment in Rural Enterprises and Agricultural and Fishery Productivity (I-REAP). It is the first PRDP subproject implemented in Region 9, according to I-REAP component head Ferdinand Gamorot.
However, he said it will be implemented in two separate packages. Package I is worth P33,995,304 for infrastructure component as well as for cacao production and farming support. Package II costs P11,555,352 as enterprise capital for fermenting and drying and trading. Based on the business plan, Package II implementation will be in the 3rd quarter of the 2nd year of Package 1 implementation.