Department of Agriculture Secretary, Arthur Yap, had offered over 1.5 Million hectares of forest management areas to some high level Saudi investors so that they can invest in agricultural projects in the country. Some of the possible projects mentioned was for palm oil, fruits and biofuel feedstock.
The Saudi delegation is led by Saudi Agriculture Minister Dr. Fahad Bal-Ghunaim. They were shown yesterday areas in Mindanao. Mindanao is known as an agricultural paradise because it is usually spared by the 20+ typhoons that visit the Philippines yearly. This doesn’t mean however that Mindanao is free from the effects of weather. Strong rains take the place of typhoons in some areas that result in landslides and soil erosion. While some areas in the south west are sparsely rained on.
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