Resources
Wood is the major forest product. Predominant species are the lauan group, apitong, tanguige yakal, and Philippine Mahogany. There is also an abundant supply of bamboo, rattan and various vines. Forest land in the province has an area of 66,002.46 hectares; 53,262 hectares of which are considered a national park (which has legal implications).
The province has a considerable deposit of clay especially in the municipalities of Lopez-Jaena and Concepcion.
There is also an abundant source of sand and gravel.
The province is traditionally a net exporter of various commodities. Historical data from the Ozamiz Port District of the Bureau of Customs show that outgoing commodities, which is mainly of coconut products, far outweigh incoming cargoes.
Being a coco-based province, major manufacturing firms in Misamis Occidental are engaged in the production of crude coconut oil, cooking oil, lard, margarine, laundry soap and desiccated coconut. Other products are furniture, ceramics gifts toys and housewares, processed food like banana chips and marine products.
Locally fabricated agri-industrial machines and equipments are also available in the province.
Read more about this topic: Misamis Occidental, Economy
Famous quotes containing the word resources:
“The great object of Education should be commensurate with the object of life. It should be a moral one; to teach self-trust: to inspire the youthful man with an interest in himself; with a curiosity touching his own nature; to acquaint him with the resources of his mind, and to teach him that there is all his strength, and to inflame him with a piety towards the Grand Mind in which he lives. Thus would education conspire with the Divine Providence.”
—Ralph Waldo Emerson (1803–1882)
“Everywhere we are told that our human resources are all to be used, that our civilization itself means the uses of everything it has—the inventions, the histories, every scrap of fact. But there is one kind of knowledge—infinitely precious, time- resistant more than monuments, here to be passed between the generations in any way it may be: never to be used. And that is poetry.”
—Muriel Rukeyser (1913–1980)
“The future author is one who discovers that language, the exploration and manipulation of the resources of language, will serve him in winning through to his way.”
—Thornton Wilder (1897–1975)