Philippines plans to become world's largest coconut producer again within five years

Published 2024년 7월 5일

Tridge summary

The Philippines aims to become the world's largest coconut producer within five years, surpassing Indonesia, as announced by the Philippine Coconut Authority (PCA) Director Buted during the PCA's 51st anniversary. The country plans to replant 100 million coconut trees, targeting 8 million in 2023, to address the issue of aging trees, which average 60 to 70 years old. The PCA will focus on replacing old trees and constructing new processing plants in Visayas and Mindanao. Additionally, the PCA is urging the government to increase the fertilizer budget to enhance the fertilization rate of coconut trees.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Philippines' ABS-CBN News on June 26, Philippine Coconut Authority (PCA) Director Buted said at the 51st anniversary celebration of the establishment of the PCA that the Philippines plans to surpass Indonesia within five years and become the world's largest coconut producer again. PCA will replant 100 million coconut trees across the country in accordance with President Marcos's request. The Philippines has replanted about 2 million trees in 2023, and the goal this year is to replant 8 million trees. Buted said that the average age of Philippine coconut trees has reached 60 to 70 years, and the aging of trees may be the main reason for the decline in production. PCA will give priority to replacing old coconut trees and building new processing plants in Visayas and Mindanao to increase the production of coconut products, ...
Source: Foodmate

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