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Japanese exporter gets green light from BOI for coffee farm in Davao

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A Japanese-owned firm was given the green light by the Board of Investments (BOI) Extension Office in Davao to proceed with its planned coffee-plantation project in Davao del Sur.

A Japanese-owned firm was given the green light by the Board of Investments (BOI) Extension Office in Davao to proceed with its planned coffee-plantation project in Davao del Sur.

The BOI Extension Office announced through a news release on Monday that it recently approved the P1-million coffee-growing venture of Pistacia Mindanao Coffee Export Inc. in Bansalan, Davao del Sur. It was the first micro- and small-enterprise approved project under the export activities indicated in the 2017 Investments Priority Plan.

According to the BOI Extension Office, the Pistacia-initiated project involves the production and manufacturing of fermented coffee and cacao beans, with an annual capacity of 2,250 kilograms and 750 kilograms, respectively. All of the products are to be exported to Japan.

See full article at Business Mirror

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