Technical Support for the Establishment of an Agricultural Economic Zone (AEZ) in Lanao del Sur - TCP/PHI/3706 (Phase I) and TCP/PHI/3904 (Phase II)
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Given its vast natural resources, Mindanao is a major contributor to the Philippine economy, particularly to the agriculture sector. The second largest island in the country, Mindanao largely accounts for the production of such high-value commodities as rubber, pineapple, banana and coffee. However, decades of conflict and insecurity in Mindanao have severely undermined the full development of its economic potential. The Mindanao Development Authority is responsible for promoting and coordinating the participation of all sectors to improve the socioeconomic status of Mindanao. One way of achieving this is through the creation of Agricultural Economic Zones (AEZs). The establishment of AEZs could promote the development of cooperatives, the improvement of rural producers, the engagement of low-income communities and agro-industrialization. This, in turn, would increase demand and encourage the modernization and industrialization of the agriculture sector, as well as allowing various value chain actors (e.g. cooperatives, producers and processors) to be able to address the need for globally competitive cooperatives.