DA eyes P1B worth of investments in farming, fisheries in global agri forum next month

THE Department of Agriculture (DA) said that around P1 billion worth of investment deals is expected to be secured during the first Philippine edition of a global agrifood investment forum next month.

- BY JED MACAPAGAL

Agriculture Secretary Francisco Tiu Laurel Jr. told reporters about the said possibility during a ceremonial signing event of the DA with the Asian Development Bank (ADB) and the United Nations' Food and Agriculture Organization (FAO) in Pasig City on Monday.

The entities formalized the partnership to hold the Hand-in-Hand National Investment Forum 2026 next month which seeks to attract global investors to venture into various projects across farming, fisheries and rural infrastructure.

Tiu Laurel noted that for the first Philippine edition of this investment forum, the government will promote the country’s cacao, coffee, seaweed and mango produce to the global market.