The Department of Agriculture (DA) has pitched $108.88 million worth of agrifood investments aimed at increasing farmers’ income, improving productivity and ensuring returns for investors.
The DA proposed its multimillion-dollar agrifood investment portfolio covering four key commodities in the country – mango, abaca, seaweeds, and bamboo.
The DA showcased an investment portfolio for the farm sector at the 2025 Hand-in-Hand Investment Forum held during the World Food Forum (WFF). This was at the headquarters of the Food and Agriculture Organization of the United Nations in Rome, Italy.
According to the DA, the plan will benefit over 35,000 rural stakeholders in the sector. It projects a net present value (NPV) of $131.9 million with an internal rate of return (IRR) of 34.39 percent.
‘[The initiative] also aims to sequester over 280,000 tons of carbon dioxide equivalent emissions, supporting national climate goals,’ the DA said in a statement on Tuesday.
One of the proposed projects is mango processing. This involves investments in post-harvest treatment, cold storage and value-added products such as frozen mangoes, purees, and pickles.
The project is expected to generate an IRR of 39.58 percent and an NPV of $83.4 million.
World’s biggest abaca supplier
The abaca component entails establishing modern processing centers, rehabilitating farmland and supporting 300 farmers. It is intended to respond to a global supply gap of 25,000 metric tons.
The abaca project is anticipated to yield an IRR of 28.36 percent and increase the income of farmer-beneficiaries by 50 percent.
According to the DA, the Philippines supplies more than 85 percent of the world’s abaca fiber.
Hoping to capitalize on the country’s global dominance in carrageenan production, the DA seeks to employ the multiple raft method. This is a technique in cultivating seaweed in deeper waters with strong currents, to boost yields and improve seed quality.
‘With 73,467 hectares of untapped areas, it has the potential to raise farmer incomes by up to 60 percent,’ it said.
Meanwhile, the DA said the bamboo part of the investment portfolio targets the $72.1-billion global market for sustainable materials. It said that 1.5 million hectares of land have been identified as potential cultivation sites.