MANILA, Philippines — President Ferdinand Marcos Jr. vowed to provide the necessary funding for the goal of Philippine Coconut Authority (PCA) to plant 100 million coconut trees, according to the Palace on Thursday.
Marcos held a meeting with the Private Sector Advisory Council (PSAC) – Agriculture Sector Group on Wednesday, where they tackled recommendations for bolstering the coconut industry.
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PSAC Agricultural Sector Group Member Christopher Po of Century Pacific Group said the administration’s massive tree planting program should be expedited.
However, it would not be possible without the funding, he noted.
“The President said he will see to it that enough funding will be given to the PCA to carry out the program,” said the Presidential Communications Office (PCO).
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“This is really a great opportunity to the country. We have a chance to do it because [of] the market. Every single part of the nut [has] use and can be sold,” Marcos said.
The Palace said the PCA is tasked with creating a roadmap to accelerate the coconut program launch.