Russian group to set up P8B banana plantation in Maguindanao
Agriculture Secretary Emmanuel Piñol said a Russian business group is interested to put up an P8-billion banana plantation in the conflict zone of Camp Abubakar in Maguindanao.
Piñol said the group, represented by French-Russian businessman Robert Gaspar, is eyeing the Moro Islamic Liberation Front (MILF) main enclave of Camp Abubakar in the boundaries of Maguindanao and Lanao del Sur for investments in a midland and highland Cavendish banana project.
The group, he said, is also looking into aquaculture production in the Polloc Cove off the town of Parang, Maguindanao as another investment area.
On Tuesday, Piñol and Maguindanao Governor Esmael Mangudadatu joined the Russian Business Group in an actual inspection of the proposed banana plantation area in Barangay Oring, Buldon, Maguindanao.
MILF Central Committee member Ed Guerra and former Buldon Vice Mayor Hadji Nasruddin Maluag welcomed them. Iranun landowners also joined the briefing made by Hadji Maluag for the visiting group.
“Hadji Maluag said the available area for agricultural development is 5,000 hectares for midland and 2,000 hectares for highland bananas,” Piñol said.
Following the successful visit to the area, a formal meeting has been arranged among all the parties at the Department of Agriculture (DA) Central Office next week.