General Santos - Economy and Industry

Economy and Industry

The city's major economic activity is primarily anchored in two sectors namely the agro-industry and fishing industry.

  • Agro-industry

Endowed with rich volcanic soil, ample and well distributed rainfall all throughout the year and a typhoon-free climate, General Santos City produces export quality high valued crops such as corn, coconut, pineapple, asparagus, banana and rice. It also yields quality exotic fruits, vegetables and cut flowers. The city is also a top producer and exporter of quality livestock such as poultry, hogs, and cattle. But with the continuing growth in population and economy in the passing of time, a number of the city's agricultural lands have gradually been converted into built up areas in order to address the relatively growing need of dwelling and viable spaces.

  • Fishing industry

General Santos City is the largest producer of sashimi-grade tuna in the Philippines.Thus in as early as 1970, the title "Tuna Capital of the Philippines" has become a tag to it. GenSan also accounts for the second largest daily total catch of fish in the country after Navotas City in the National Capital Region. Locals in the city boast that fishes and seafoods do not come fresher than what is found in their locality. The fishing industry in GenSan yields a total daily capacity of 750 metric tons of fish catch alone and employs about 7,800 workers. Which is why General Santos City is home to seven (7) tuna processing plants in the country. The Fishport Complex in Barangay Tambler has a 750 metres (2,460 ft) quay and a 300 metres (980 ft) wharf for 2,000 GT reefer carriers. The fishport is equipped with modern facilities that comply with international standards on fish catch handling.

Being a component city and centre of commerce and trade in Region XII known as the SOCCSKSARGEN region and owing to its strategic location and world class infrastructure and support facilities, General Santos City plays a very important role in the emergence of SOCCSKSARGEN region as the country's leading producer of export-quality major commodities.

Read more about this topic:  General Santos

Famous quotes containing the words economy and/or industry:

    The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.
    Ralph Waldo Emerson (1803–1882)

    It is while we are young that the habit of industry is formed. If not then, it never is afterwards. The fortune of our lives therefore depends on employing well the short period of our youth.
    Thomas Jefferson (1743–1826)