CDA Region XI EO

SPMC Compound, Friendship Road, Dumanlas, Buhangin, Davao City, 8000 Davao del Sur

Unlocking Growth: Davao Region Coconut Farmers Embrace Investment Opportunities

In a significant step towards sustainable coconut industry, one hundred sixty (160) participants from forty-seven (47) coconut farmer cooperatives from Davao Region and various national and local government agencies recently converged for a Focused Session on Investment Promotion and Database Management on December 13, 2024 at Dusit Thani Hotel, Lanang, Davao City. The event, organized by the Department of Trade and Industry – Board of Investments in collaboration with the Cooperative Development Authority (CDA), aimed to empower local farmers with strategic insights and collaborative opportunities.

During the breakout sessions, participants were strategically divided into four (4) groups which allowed a deeper exploration of topics and facilitated hands-on engagement.

In a forward-looking move, each group participated in the selection of priority Integrated Coconut Plants (ICP). This strategic decision-making process is poised to shape the future landscape of coconut farming in the region. The establishment of these priority plants signifies a commitment to innovation and sustainable agricultural practices.

The Focused Session not only served as a platform for knowledge exchange but also as a catalyst for building a robust network within the agricultural community. With a shared vision for a sustainable future, the coconut farmer cooperatives, alongside government agencies, are paving the way for a more resilient and prosperous coconut sector in Davao Region.

This collaborative initiative signifies a step forward in embracing innovation, fostering growth, and ensuring the prosperity of coconut farming communities. As the outcomes of this session take root, the impact on the coconut industry in Davao Region promises to be both transformative and enduring.

In the heartfelt message of support conveyed by CDA Assistant Secretary Virgilio Lazaga, there was a resounding endorsement of CDA’s unwavering commitment to bolstering the endeavors of strong partnership between CDA and BOI in advancing the coconut industry, particularly through the pivotal role of cooperatives. BEO Chief Gil Dureza passionately affirmed that the core aim of the ICP is to substantially uplift the livelihoods of coconut farmers. This noble objective is further underscored by the strategic initiative on integrating coconut value-added products, aiming not only to enhance local economic prospects but also to elevate the competitiveness of the coconut industry on the global stage.

Cooperative Development and Assistance Section (CPDAS) RXI