Economy
Coconut, corn, rice, banana, mango, durian, rubber, and sugarcane are just some of the major crops now being planted by the Sarangans. Other possibilities lie in a wide range of commercial choices: industrial plantations (mango, abaca, coffee, rubber, and rattan), agro-forestry (high-value crops), light manufacturing and processing facilities, real estate and housing, tourism, beach resorts, hotels and restaurants, recreational facilities, port zone development, milling plants, fruit production, processing of canned fruits and vegetables, production of ornamental plants, furniture, trading, telecommunications, mining, and aquaculture.
Sarangani’s favorable investment climate is manifested by the large plantations (mango, banana, pineapple, asparagus), cattle ranches, and commercial fishponds that have been operating in the area, some of which having existed as far back as 40 years.
Businesses locating in the province are assured of stable power and water supply. Electricity comes from the National Power Corporation, and augmented by a 50 mW power plant in Alabel, the province’s capital. Water is provided for by sustainable spring development projects.
Read more about this topic: Sarangani
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“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)