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Business > Agribusiness
PH coconut industry a 'sleeping giant'
By William Dar
Aug 11, 2022 12:00 am

MOVING FORWARD

ONE of the high-impact initiatives that the administration of President Ferdinand 'Bongbong' Marcos Jr. should undertake in the next five to six years is the faithful implementation of the Coconut Farmers and Industry Development Plan (CFIDP).

The CFIDP was approved by then-President Rodrigo Duterte through Executive Order 172 signed on June 2, 2022, paving the way for the utilization and release of the P75-billion fund provided by Republic Act (RA) 11524 or the 'Coconut Farmers and Industry Fund Act.'

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