Canadian firm to invest $2-M for bamboo venture in Davao Region

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Canadian firm to invest $2-M for bamboo venture in Davao Region
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DAVAO CITY (MindaNews / 07 June) – Canadian firm Pure Life Carbon is pouring $2 million (P112 million) for a bamboo project in Davao del Norte, which is set to […]

A worker makes a big basket using bamboo splits in hinterland Barangay Pugaan in Iligan City Sunday morning . MindaNews photo by BOBBY TIMONERA

DTI-Davao said in its monthly report that the project would help stir economic activities not only in the province but also in neighboring areas, creating employment opportunities for the local workforce and generating domestic and export sales. She said the local industry in Davao del Norte is already thriving with small players producing furnishings and furniture out of bamboo.

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