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Agriculture

agriculture

The agriculture sector provides profitable opportunities considering the bountiful natural resources and vast arable lands in the Philippines. The continuous development of the sector led to the production of various agricultural commodities. Today, agriculture is not only restricted to conventional food commodities, but also produces non-food products such as biofuels, pharmaceuticals, and chemicals. Investors can also choose from a wide range of agricultural activities such as farming, post-harvesting, food processing or manufacturing, wholesaling, and retailing where they can specialize.

(Source: Agriculture and Fisheries Market Information System (AFMIS))

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Advantages 

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High Demand –  most agricultural commodities are basic necessities which offer steady demand and a large market both local and abroad.

Vast Natural Resources – the Philippines is made up of expansive agricultural lands and natural resources which are necessary inputs.

Large Supply of Labor – majority of individuals situated in rural areas are engaged in agricultural activities.

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High Production Cost – Despite of the recent developments, the cost of raw materials in producing agricultural commodities is higher than the cost in neighboring countries.

 Low Technology – the Philippines remains to be less competitive in agricultural technology relative to other countries.

 

Investment Briefs

The Department of Science and Technology-Philippine Council for Agriculture, Aquatic, and Natural Resources Research and Development (DOST-PCAARRD) (http://www.pcaarrd.dost.gov.ph) publishes investment briefs on various agricultural products to encourage overseas Filipino workers (OFWs) and their families to invest in agriculture. The pamphlets contain investment opportunities in the agriculture, aquatic, and natural resources sectors, which highlight benefits, products, capital and material requirements, and profit.

 

Profitability Analyses

Another publication line from DOST-PCAARRD are profitability analyses which primarily target farmers, growers, and small and micro enterprises. It aims to help entrepreneurs effectively plan their project through giving a set of assumptions. It also presents science and technology-based production techniques, background of the industry, and technical and financial assumptions.