Economy
Silang, like most of the towns in the province of Cavite, depends on a mainly agricultural economy. The primary crops grown in the area are coconut, coffee, corn, banana, pineapple, and tree crops like mango, lansones, caimito, santol, jackfruit, guava, and avocado. Fertile soils and abundant water sources make Silang suitable not only for common commercial crops but also for high value and exotic crops production. Most of the local farmers practice intercropping to increase land productivity and lessen soil erosion. Fruit production exceeds the demand of the municipality's population, thus, supply excesses are marketed to Metro Manila and neighboring urban centers. A number of poultry and swine farms are also located in some rural barangays. Manufacturing and trade, aside from agriculture are Silang’s other major sources of income. Trade and investments grew tremendously with the influx of both Manila-based and foreign investors. Total investments were estimated at P2.5 billion between 1996 and 2004, which helped bring about the employment of 3,000 people. Despite the slow down of progress in 2004, Land Value still soared, allowing investors to infiltrate and start business. The investment trend resulted in the increase in the price of prime realty from P3,000 to P15,000 per square meter and from P150 to P500 per square meter for raw lots in interior barangays. Trade establishments in Silang include gasoline stations, convenience stores, lumber/hardware traders, groceries, resorts, and hotels.
Read more about this topic: Silang, Cavite
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—Henry David Thoreau (18171862)