Japan to Invest in Philippine Agriculture

Japan will make agricultural investments in the Philippines in the vicinity of $1 billion. The amount includes a biomass project in Negros Occidental, as well as agreements for the Philippines to export bananas, pineapples, and avocados. The country is also exploring a long-term loan to finance an agricultural mechanics program in the country. It hopes to buy farm equipment, post-harvest facilities, tractors, and rice mills from Japan…

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