BACOLOD CITY, April 10 (PNA) — The Metro Bacolod Chamber of Commerce and Industry (MBCCI) is confident that Negros Occidental’s economy will remain strong despite the threats of entry of cheap sugar abroad come 2015.
Negros Occidental is one of the largest sugar producers in the Philippines and the entry of cheap foreign-subsidized sweeteners is believed to affect the sugar industry here.
But MBCCI President Frank Carbon said they can see bright future for the province with the growing agriculture and economic enterprise revenues of the province.
Carbon revealed that Provincial Government’s Economic Enterprise Development Department has posted P639 million revenues for the last two and a half years alone.
Carbon further said the emergence of livestock and information and communications technology sectors as promising industries are surreptitiously bring the province’s economy to greater heights.
He also added that the continued increase in rice production of the province is giving the farmers a greater purchasing power.
Negros Occidental has been recognized by the Department of Agriculture (DA) as Agri-Pinoy Rice Achiever after being 97.43 percent rice sufficient last year.
This also paved way for the province to be included on the top 10 of DA’s list of giant rice producing province, according to Provincial Agriculturist Igmedio Tabianan.
Carbon said these achievements are expected for the province knowing the centerpiece of Governor Alfredo Marañon Jr.’s development programs are anchored on agriculture.
“Gov. Maranon knows his programs well because he is a farmer himself. He knows the issues. But what is more interesting for us in the business community is the fact that Gov. Maranon has paved the way for new industries in the province outside of sugar,” Carbon said.
Furthermore, Carbon lauded the governor since his thrust in agriculture is consistent with the MBCCI’s continued call for food security and self-sufficiency. (PNA)