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MOU for Coconut Farms’ Development

MOU for Coconut Farms' Development Last September 12, 2007, the CIIF Oil Group of Companies, the Nagkakaisang Ugnayan ng mga Magsasaka at Manggagawa sa Niyugan (NIUGAN), and the Philippine Rural Reconstruction Movement (PRRM) signed a memorandum of understanding to work together for the development of the coconut industry.

Danilo Coronacion, President of the CIIF Group of Companies said that his organization has earmarked 800 million pesos for the development of the coconut industry. Said funds are to be used for the seven (7) project components: (1) nursery establishment, (2) coconut pest management, (3) coconut-corn intercropping, (4) coconut-other crops intercropping and liestock, (5) quality copra processing, (6) husk/shell processing, and (7) information kiosk. The program covers all coconut-producing provinces of the country.

He said that the CIIF, with the Department of Agriculture-Philippine Coconut Authority (DA-PCA) providing technical assistance, is conducting talks with different coconut farmers organization for the implementation of the program. He said that the signing of a memorandum of understanding with NIUGAN and PRRM is part of this process.

NIUGAN national president Nonito Clemente, in his response, said the program is timely as the coconut industry is still reeling from the effects of the past typhoons that ravaged coconut-producing provinces, particularly in the Bicol region.

The MOU was signed by CIIF President Danilo Coronacion, NIUGAN President Nonito Clemente and PRRM President Conrado Navarro.

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