KIDAPAWAN CITY – Malaysian consul general Abdullah Zawawi Tahir said many Malaysian businessmen are planning to invest in the oil palm production in the city and in other parts of North Cotabato.
Tahir, who arrived here on Friday, said one of the issues he discussed with Kidapawan City Mayor Joseph Evangelista was on how they could help each other in terms of agricultural development.
Evangelista said the city government invited the Malaysian consul general to explore opportunities for investments from Malaysia, especially in agriculture and tourism.
“A meeting is scheduled anytime this year with prospective investors,” the mayor said.
On September, Evangelista said the city government will join an agriculture and trade exposition in Sabah, Malaysia to showcase products from Kidapawan.
Tahir said he discussed with the mayor on what Kidapawan can offer to Malaysian investors and what opportunities are available here.
He explained to the mayor that palm oil plantation is one of the major high-value crops produced by Malaysia that helped reduced the country’s poverty incidence.
This, he stressed, can also be done in the Philippines, particularly in Mindanao.
In fact, he said, a Malaysian company has already put up a 30,000-hectare palm oil plantation in Agusan del Sur in Caraga Region where 120,000 farmers from the communities benefited from the program.
He assured the mayor he would encourage Malaysian companies to invest in the city to improve its local economy.
The Malaysian investors, he said, do not have to worry about the climate as he said, “The climate here is no different from where I came from, Malaysia. We both have hot and very hot season. We have so many similarities.”
Two weeks ago, he said, a group of Malaysian businessmen came to Mindanao to discuss plans of investing in palm oil.
Among the areas they visited were the ARMM, Davao Oriental, and Compostela Valley.
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