Chinese Firms to set up Rubber Plantation in Mindanao

Cotabato City Nov. 5 Asia Pulse - Two China-based firms have expressed interest in putting up a rubber processing plant in North Cotabato to help boost the development of the rubber industry in Central Mindanao.

North Cotabato Governor Emmanuel Piol said the firms whom he failed to identify, have chosen Kidapawan City as the site for the rubber processing plant citing a stable peace and order situation in the area.

"This will definitely boost the region's economy and would generate more jobs for the constituents here" Piol said.

The governor said construction for the rubber plantation is set early next year.

 

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