RP to import 1.6-M tons of rice
The
In a press briefing, Yap said the DA, through the National Food Authority (NFA), plans to import 1.6 million metric tons of rice and one to 1.5 million MT of corn this year.
This will be on top of the targeted rice production for 2008 of 17.3 million MT or a projected growth of 5.78 percent.
Corn production is projected to grow 10 percent to 7.3 million MT this year.
Higher world prices for corn,
Ginintuang Masaganang Ani (GMA) rice program executive director Frisco Malabanan had said that growth drivers this year would include the restoration of irrigation systems, expansion of genetic material and provisions for post harvest facilities.
Malabanan earlier said the DA aims to raise rice production to 19 million metric tons by 2010.
Actual rice production for 2007 amounted to 16.24 million MT for a growth of 5.96 percent.
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