ADVERTISEMENT
Manila Bulletin devider Business devider Laurel expects P4-B port to boost trade in Mindanao

Laurel expects P4-B port to boost trade in Mindanao

Published Jan 23, 2024 04:38 am

At A Glance

  • The Department of Agriculture (DA) inaugurated the P4 billion port project in Mindanao and is set to finish by March 2025.<br>Agriculture Secretary Francisco Tiu Laurel, Jr. lauded the development as it would boost trade capacity, and logistical capability, and generate more jobs in Mindanao once it's operational.<br>Laurel hoped that through this port construction, the feed costs will be reduced by 2.5 to 5 percent, as well as put fertilizer costs down by 5 to 10 percent.<br>The port development will be handled by Amadi MGT Terminals Inc. which will input P1.4 billion for the first phase of the project.

The Department of Agriculture (DA) expects that the Lagonglong Port in Misamis Oriental would bolster trade capacity in Mindanao, enhance logistical capabilities in the region, and pave the way for the creation of new job opportunities.

In a statement, Agriculture Secretary Francisco P. Tiu Laurel, Jr. said the P4-billion Lagonglong port is a timely infrastructure project that aligns with the government's objective to increase food production.

"Lagonglong Port dovetails with the Department of Agriculture's push to boost agricultural production, ensure accessibility to affordable food, and achieve food security for our countrymen,” Laurel said at the groundbreaking ceremony for the project.

Expected to be finished by March 2025, the project is a private commercial port development led by Amadi MGT Terminals Inc.

“We should build more ports like this,” Laurel expressed the importance of ports to improve agricultural modernization.

“This port, once finished, I believe will reduce feed costs by at least 2.5 percent, or as much as five percent. It will reduce the cost of fertilizers also by five percent maybe, or as much as 10 percent, depending on the price,” he added.

The agriculture chief also elaborated that the port would upgrade efficiency in terms of transporting vital goods and maintaining the quality of agricultural products through storage facilities.

“I've seen that happen, and I've done it. In Papua New Guinea, Indonesia, and other areas in the Western Pacific [where we built ports.]”

Laurel emphasized that the Lagonglong Port could also trailblaze the development of factories, processing plants, and other facilities that can improve agricultural movement in the country.

Amadi MGT will invest P1.4 billion in the initial phase of the port development, with an annual capacity of 3.3 metric tons of bulk cargo.

In line with the DA's food security agenda, the port will feature storage facilities and modern equipment to handle both international and domestic perishable goods.

The DA chief has also asked Amadi to allocate space for cold storage facilities, ice stands, and silos for other agricultural products.

Aboitiz Construction is currently building the multi-grain terminal for Amadi.

Related Tags

Francisco Tiu Laurel Jr. Department of Agriculture
ADVERTISEMENT
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1561_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1562_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1563_widget.title }}

{{ item.title }}

{{ articles_filter_1564_widget.title }}

{{ item.title }}
.mb-article-details { position: relative; } .mb-article-details .article-body-preview, .mb-article-details .article-body-summary{ font-size: 17px; line-height: 30px; font-family: "Libre Caslon Text", serif; color: #000; } .mb-article-details .article-body-preview iframe , .mb-article-details .article-body-summary iframe{ width: 100%; margin: auto; } .read-more-background { background: linear-gradient(180deg, color(display-p3 1.000 1.000 1.000 / 0) 13.75%, color(display-p3 1.000 1.000 1.000 / 0.8) 30.79%, color(display-p3 1.000 1.000 1.000) 72.5%); position: absolute; height: 200px; width: 100%; bottom: 0; display: flex; justify-content: center; align-items: center; padding: 0; } .read-more-background a{ color: #000; } .read-more-btn { padding: 17px 45px; font-family: Inter; font-weight: 700; font-size: 18px; line-height: 16px; text-align: center; vertical-align: middle; border: 1px solid black; background-color: white; } .hidden { display: none; }
function initializeAllSwipers() { // Get all hidden inputs with cms_article_id document.querySelectorAll('[id^="cms_article_id_"]').forEach(function (input) { const cmsArticleId = input.value; const articleSelector = '#article-' + cmsArticleId + ' .body_images'; const swiperElement = document.querySelector(articleSelector); if (swiperElement && !swiperElement.classList.contains('swiper-initialized')) { new Swiper(articleSelector, { loop: true, pagination: false, navigation: { nextEl: '#article-' + cmsArticleId + ' .swiper-button-next', prevEl: '#article-' + cmsArticleId + ' .swiper-button-prev', }, }); } }); } setTimeout(initializeAllSwipers, 3000); const intersectionObserver = new IntersectionObserver( (entries) => { entries.forEach((entry) => { if (entry.isIntersecting) { const newUrl = entry.target.getAttribute("data-url"); if (newUrl) { history.pushState(null, null, newUrl); let article = entry.target; // Extract metadata const author = article.querySelector('.author-section').textContent.replace('By', '').trim(); const section = article.querySelector('.section-info ').textContent.replace(' ', ' '); const title = article.querySelector('.article-title h1').textContent; // Parse URL for Chartbeat path format const parsedUrl = new URL(newUrl, window.location.origin); const cleanUrl = parsedUrl.host + parsedUrl.pathname; // Update Chartbeat configuration if (typeof window._sf_async_config !== 'undefined') { window._sf_async_config.path = cleanUrl; window._sf_async_config.sections = section; window._sf_async_config.authors = author; } // Track virtual page view with Chartbeat if (typeof pSUPERFLY !== 'undefined' && typeof pSUPERFLY.virtualPage === 'function') { try { pSUPERFLY.virtualPage({ path: cleanUrl, title: title, sections: section, authors: author }); } catch (error) { console.error('ping error', error); } } // Optional: Update document title if (title && title !== document.title) { document.title = title; } } } }); }, { threshold: 0.1 } ); function showArticleBody(button) { const article = button.closest("article"); const summary = article.querySelector(".article-body-summary"); const body = article.querySelector(".article-body-preview"); const readMoreSection = article.querySelector(".read-more-background"); // Hide summary and read-more section summary.style.display = "none"; readMoreSection.style.display = "none"; // Show the full article body body.classList.remove("hidden"); } document.addEventListener("DOMContentLoaded", () => { let loadCount = 0; // Track how many times articles are loaded const offset = [1, 2, 3, 4, 5, 6, 7, 8, 9, 10]; // Offset values const currentUrl = window.location.pathname.substring(1); let isLoading = false; // Prevent multiple calls if (!currentUrl) { console.log("Current URL is invalid."); return; } const sentinel = document.getElementById("load-more-sentinel"); if (!sentinel) { console.log("Sentinel element not found."); return; } function isSentinelVisible() { const rect = sentinel.getBoundingClientRect(); return ( rect.top < window.innerHeight && rect.bottom >= 0 ); } function onScroll() { if (isLoading) return; if (isSentinelVisible()) { if (loadCount >= offset.length) { console.log("Maximum load attempts reached."); window.removeEventListener("scroll", onScroll); return; } isLoading = true; const currentOffset = offset[loadCount]; window.loadMoreItems().then(() => { let article = document.querySelector('#widget_1690 > div:nth-last-of-type(2) article'); intersectionObserver.observe(article) loadCount++; }).catch(error => { console.error("Error loading more items:", error); }).finally(() => { isLoading = false; }); } } window.addEventListener("scroll", onScroll); });
Join Our Newsletters

Sign up by email to receive news.

© 2025 Manila Bulletin The Nation's Leading Newspaper. All Rights Reserved.