The Philippines has recently transformed into a dynamic emerging economy that sustained a growth trajectory of 6.4% between 2016 and 2019. The agricultural sector employs one third of the population and accounts for 9% of the national GDP. Though the growth of this sector as a whole has not been optimal, they broke new ground with their “New Thinking” program. Which is set out to consolidate, modernize and industrialize the Philippine agriculture.
The challenges can be found in productivity, infrastructure and the lack of technical capabilities. These result in opportunities in the hog and pork industry, high value crops, innovation in farming technology, digitalization, storage and infrastructure. Dutch companies possess the skills and knowledge to fill these voids in the agricultural sector of the Philippines.