1.0 BACKGROUND


SOCSARGEN is located in Southern Mindanao, composing particularly the municipalities of Maitum, Kiamba, Glan, Alabel, and in part of the General Santos are mostly earning its livelihood through coconut industry. Coconut trees are abundant along coastal areas of SOCSARGEN area. A coconut plantation owned by business tycoon Mr. James Chiongbian is located at Kling, Kiamba, Sarangani Province. The coconut plantation is believed to be the main supplier of finished copra which is the raw material for edible oil and many other products.

The municipality of Glan Sarangani Province is producing approximately 500 tons of husked coconut a day. The capacity of the proposed desiccated coconut manufacturing plant is at 200 tons a day, with only one municipality alone. The proposed plant can operate sufficiently at its maximum capacity.

The proposed plant will help lessen the tedious work of small farmers in preparing their coconut for sale. They can readily sell the coconut by taking out only the husk. The work of drying and others are eliminated. Likewise, the proposed plant will generate work opportunities where a total of 435 people will be hired to handle this very labor intensive project.


2.0 BUSINESS OUTLOOK

A plant located at Sta. Cruz, Davao del Sur has been processing Desiccated Coconut for more than 25 years now. A new plant located at the same place owned by a Chinese businessman is under construction with a capacity of 200 tons per day. Another new plant in Butuan City owned by Chinese businessman became operational last January 2002 with a capacity of 200 tons. After six (6) months operation, it expanded double the capacity to its original capacity.

The proponent of this project, is the engineering company design, install the plant and fabricate all the machineries copied from Malaysian Desiccated Plant.

Market of finished Desiccated Coconut are in United States of America, entire Europe and part of Asia Pacific. Basically, coconut product will all be for export with an average buying price at $950 US to $1300 US per ton. The proposed plant a 300,000 nut per day can have a finished product recovery of 30 tons a day. Cost of producing the 45 tons a day is at $17,000 US dollars. ROI of the said project is three years only.

IO- $11M USD.

If you are interested in more information, contact me at
562 290 2785
or
adrianadrineda at gmail.com