Manila, The Philippines
January 10, 2007
By Melody M. Aguiba,
Manila Bulletin via
SEAMEO SEARCA
The government is set to sign several memorandum of agreements
(MoA) with China this week as Chinese President Wen Jiabao
visits the Philippines to finalize earlier agreements that will
pour in investment of about $ 5 billion in hybrid rice and
hybrid corn growing over the next two years.
Agriculture Secretary Arthur C. Yap told a press briefing that
the Department of Agriculture (DA) and other government agencies
have prepared about 20 MoAs that will be signed with the
presence of Jiabao who will visit the country primarily for the
Asean Summit in Cebu.
At P50,000 per hectare production cost for rice and corn,
China's investments in the country may immediately reach to P10
billion for the development of 200,000 hectares of rice and corn
areas alone. However, the target is really for China to invest
in one million hectares of land for hybrid corn, hybrid rice,
and hybrid sorghum which will be used by China for ethanol
production.
Signatories to the MoA regarding the development of one million
hectares of land will be Yap, Environment and Natural Resources
Secretary Angelo Reyes, and Agrarian Reform Secretary Nasser
Pangandaman. China's signatories will be China's Agriculture
minister, People's Government of Jilin Yang Qingcai,China
Development Bank Officer Zhao Jianping, and Liu Ye of Fuhua
Group.
One MoA will have a focus on healthful food products, organic
farming, over 200,000 hectares of land which will at the same
time have agri-tourism features. This will be invested in by the
Beidahuang Group with Sui Fengfu and Philippine Agriculture
Attache to China William Co.
Most of the other agreements are geared toward beefing up
bioethanol production particularly for China's biofuel import
from the Philippines as China has been embarking on investments
in other Asian countries where it can source biodiesel and
ethanol.
For the establishment of a 150,000 liter per day bioethanol
plant in Palawan, a MoA will be signed between Palawan Bioenergy
Development Corp., China CAMC engineering Co. Ltd., Guangxi
Zuang Autonomous Region, and H & Z Trading.
Another bioethanol project is a joint venture between Negros
Southern Integrated Biofuels Co., Nanning Yongkai Industry
Group, Guangxi Zuang Autonomous Region (GZAR),a nd H&Z Trading.
Nanning and CAMC will also have a separate bioethanol joint
venture with the One Cagayan Resource development Inc.
Sugarcane and cassava will be tapped for feedstock under the
Joint Development of Renewable Energy. The 40,000-hectare
biofuel development will be signed by Agriculture Undersecretary
Bernadette Romulo-Puyat, and officials of China's GZAR.
Other MoA's are regarding post-harvest facilities that will be
established mainly small mobile ice plant and transport
facilities for municipal fishery cooperatives; breeding and
culture of grouper and other higher value species; construction
of shipyard, cold storage facility, upgrading of Navotas Fish
Port, and the establishment of 35-hectare technology
demonstration farm for sweet corn.
The rest of the MoAs will be on breeding and culture of abalone,
sea cucumbers, sea urchins, and scallops, establishment of
greenhouses for flowers and off-season vegetables and fruits for
export to Japan, Hong Kong, and Taiwan, and the Candaba Water
Resource Project. |