“Banana Capital of the Philippines” and Much More
The province of Davao del Norte, located in the Davao Region XI in Mindanao, and headed by Rodolfo P. del Rosario, is known as the “banana capital of the Philippines”. In addition to its thriving banana plantations and other agricultural operations, the province has developed successful mining, fisheries, forestry and tourism sectors, all of which are growing steadily. The provincial capital is Tagum City.
Rodolfo P. del Rosario launched an ambitious program aimed at spurring on the province’s economic growth and enhancing its investment appeal. He is also promoting more and better social services as well as educational, employment and other opportunities for local people. Very business-friendly, Mr. Del Rosario welcomes public-private partnerships and foreign investors.
Davao del Norte has eight municipalities and three component cities, of which the Island Garden City of Samal covers Samal Island and Talikud Island in the Davao Gulf. The province’s leading economic sector is agriculture. In addition to bananas, local farms and plantations produce rice, maize, coconuts, abacá, ramie, coffee, and a variety of fruit and root crops. Global leaders Dole and Del Monte operate plantations in Davao del Norte while local producers include Lapanday, TADECO and Marsman.
Davao del Norte’s tourism sector is another
leading economic activity thanks to the province’s beautiful beaches, particularly on Samal Island. For investors looking for new opportunities in one of the world’s fastest-growing economies, Davao del Norte offers exceptional advantages.
And with the recent establishment of the Davao del Norte Sports and Tourism Complex, the province now positions to become the Sports-Tourism Capital of Mindanao. The building of modern sports facilities which includes an Olympic sized swimming pool, a well appointed football field and a rubberized oval track is seen to enhance sports-tourism as the facility can easily cater various sporting events even on a national level.