From right: Jerry Taray, chief executive of Kilambay Plantation Corp.; Erwin Garcia, president of AC Garcia Palm Oil Corp.; Dr. Dexter Buted, PCA Administrator; Gov. Emmylou Mendoza of North Cotabato Province; Harry Brock, chief executive of Univanich Carmen; Yap Yau Kang, AC Garcia Consultant; Ryan Talino, Univanich Partner; Jose Leonardo Tañada, managing director of Ares Merchants Philippines, Inc.
According to the Department of Agriculture’s Philippine Palm Oil Industry Roadmap 2024-2033, production is on the rise. The area planted with palm oil has grown from around 53,000 hectares in 2022 to approximately 63,000 hectares in 2023, as reported by the Philippine Statistics Authority. Region XII leads in production with 33% of the total area, followed by the Caraga Region with 27%.