PBBM Launches the Php350-Million Integrated Coconut Processing Facility in Mindanao

President Ferdinand R. Marcos Jr. on Tuesday this week launched the PHP350-million Solving Unemployment through Rural Industrialization, Sustainable and Enterprise Integrated Coconut Processing Facility (SUnRISE-ICPF), the Philippine News Agency reported.  

The facility is a public-private partnership designed to revolutionize the coconut industry in Misamis Oriental province in Mindanao.  The facility aims to create high-value coconut products beyond the traditional copra and is expected to directly benefit over 66,000 coconut farmers in the province, the President said. 

The facility is capable of processing up to 60,000 coconuts per day and will produce six key high-value products for both local and export markets, the report said. These include coconut pallets, coconut boards from husks; activated carbon from shells; coconut water; coconut sap; and coconut flour and skim milk from the coconut meat.