Both the banana and corn value chains offer considerable scope for contributing to future economic growth in Mindanao, provided the appropriate policies and programs are implemented. A support program would entail a combination of policy measures and public investment aimed at leveraging private investment, particularly in the upstream part of the value chains. There is no reason for the banana sub-sector in the Philippines, both for the export and domestic markets, not to continue growing strongly in the years ahead. Expanding markets at home and abroad and a strong comparative advantage on the world market should be the main drivers of this growth.
|Source Institution||World Bank|
|Place of Publication||Davao City|
|Original Publication Date||August 1, 2010|