Bamboo industry as good investment opportunity

Bamboo industry as good investment opportunity

Bamboo industry as good investment opportunity

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BALANGA CITY, Bataan – The Bataan Bamboo Industry Development Council (BBIDC) has convened to articulate an equitable and operative economic plan to promote bamboo as an income-generating industry.

Ms. Thess Magtanong, Department of Trade and Industry (DTI) provincial information officer for Bataan is confident that the meeting would boost local bamboo industry as prospective long-range investment opportunity since the country belongs to the fifth largest bamboo exporter in the world.

Ms. Magtanong has cited the socio-economic benefits derived from fast growing demands for bamboo products experienced by three key players namely Masagka in the upland village of Banawang, Bagac town; Alangan, Limay town Farmers Producers Association and Municipality of Dinalupihan bamboo-based products.

She emphasized the possibility of establishing sustainable bamboo plantations in the historic peninsula not only for its economic profitability but also for its environmental significance.

The operation of bamboo plantations in Bataan would provide employment and livelihood for poverty alleviation, ensure environmental sustainability, promote small and medium enterprise development and agro-tourism.

She explained that the province may achieve a higher ladder in shared service facility program of the DTI if Bataan could maximize the potentials of bamboo with more than 1,500 uses  including it’s a good building material and business production.

According  to Ms. Magtanong, forester Romelo  Cuaresma  of  the Community Environment and Natural Resources Office (CENTRO) in Dinalupihan town  reported that  upland farmers  in the province have planted  bamboo  to about 530 hectares of lands out of the total 52,000 hectares  in the country.

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