The bill proposes to build a state‑run coconut‑oil mill and refinery in Quinapondan, Eastern Samar. The Philippine Coconut Authority (PCA) would manage the plant, using existing PCA and Department of Agriculture funds for start‑up and future annual budget allocations for operation. Investors would receive tax holidays, customs duty exemptions, and priority financing, while the plant aims to process coconuts for domestic and export markets, create jobs, and support local farmers.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB00121. Status changes over time; check the link for the latest.
HB00121 · Sources: BatasWatch
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.