Ilocos Norte welcomes investments to expand agriculture, tourism


Feb. 07, 2022 ...

Governor Matthew Marcos Manotoc is encouraging private sector investments in Ilocos Norte to expand its agriculture and tourism industries.

On February 3, Governor Manotoc said at the "Pandesal Forum" hosted by the Kamuning Bakery Café that the Provincial Government of Ilocos Norte has been pioneering efforts to give a major boost to the local economy, which has been paralyzed by the pandemic.

In particular, he expressed his optimism for investors and businessmen to help Ilocos Norte in shifting from farm production to product processing and agribusiness.

"There are many agricultural surpluses in Ilocos Norte and I think that is a right opportunity for an investment in product processing because that is where  I see our province still behind in terms of mechanization, product processing, and agri-business," Governor Manotoc stated.

Ilocos Norte is a significant contributor to food security and sufficiency in the Philippines. Among its main agricultural products are garlic, native shallot, dragon fruit, mango, tomato, and high-value crops.

Meanwhile, Governor Manotoc underlined that tourism in Ilocos Norte offers multiple investment opportunities, particularly the white-sand Badoc Island, which is 36 hectares in size and located one (1) kilometer from Badoc town.

"We would really like to sell it to a luxury resort developer, someone who will build something responsibly and something medyo high-end. That is our hope for the island," he noted.

Among other industries that the Governor hopes to improve are the province's renewable energy, business process outsourcing and information technology, and responsible mining.

"I would like to think that our institutions are in place and we are well-equipped to welcome investors and businesses," he concluded.