011021

by Secretary Emmanuel F. Piñol

Chairman, Mindanao Development Authority

The Mindanao Development Authority (MinDA) will convene bamboo stakeholders from all over the region in a face-to-face and virtual Summit to organize the Mindanao Bamboo Industry Council.

The Mindanao Bamboo Summit will be held at the Development Bank of the Philippines Conference Hall in Cagayan de Oro City where the major stakeholders, including representatives of the different agencies, will meet face-to-face.

Other stakeholders who could not join the face-to-face organization meeting could participate through a Zoom Virtual Conference starting at 5 p.m.

Bukidnon Giant Bamboo Resources Corp. President Rod Bioco will make a presentation on the current state and prospect of the Mindanao Bamboo Industry.

The BGB Corporation has established a bamboo processing facility in Malaybalay, Bukidnon and is currently buying Giant Bamboo poles from farmers in the area.

Representatives of the Department of Environment and Department of Science and Technology, Department of Trade and Industry and the Department of Interior and Local Government are expected to provide inputs on how their agency could support the Mindanao Bamboo Industry.

The Development Bank of the Philippines, through its President Emmanuel Herbosa, will also be joining the face-to-face conference.

The DBP is expected to present financing windows for the Bamboo Industry which will be made accessible to both farmers and processors.

The Mindanao Bamboo Industry Council is being organized by MinDA as part of its programs to promote the greening of Mindanao's critical watersheds and headwaters while at the same time providing income opportunities for the people.

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