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BRIEF ECONOMIC PROFILE OF MANOLO FORTICH

I. MUNICIPAL OVERVIEW

Manolo Fortich, dubbed as the “first pineapple plantation in the Far East” is an agricultural municipality that is gradually shifting into an agro-industrial community. It is located 55 kilometers away from Malaybalay City, the provincial capital and only 35 kilometers from the major commercial and trading center of the region, which is Cagayan de Oro city. A major producer of corn, cassava, rice, pineapple, high-valued vegetables, coffee, oranges, rambutan, poultry, hog and cattle, cut flowers, strategically positions Manolo Fortich as the “agro-industrial investment haven”.

Large and medium firms operating are into production or processing of these agricultural products; Del Monte Philipines, Inc. (DMPI), Lapanday Diversified Products Corporation, Paras Mountain Resort and C.P Flori Farms (cut foliage farms), Valley Fresh Farm (high-valued vegetables), TIP hatchery, Tyson Agro-Ventures, Helms Agri-business, MENZI Agricultural Corporation, Swift Foods Inc. Another large firm who is into processing of non-agricultural product is the Republic Biscuit Corporation (REBISCO).

II. KEY DATA

Municipal Income Classification First Class Municipality
2007 Consolidated Revenues including IRA P102,941,440.03
Topography Mainly highland plateaus
Climate Moderate dry season (November-April), rest of the year is wet season
Employment Status
Underemployed 18%
Unemployed 17%
Employed 65%
Total Land Area42,556 hectares
Forestal/Timberland 12,197 has.
Utilities/Roads 574 has.
Tourism 11 has.
Pasture/Grassland 6,178 has.
Residential/Commercial 1,256 has
Agricultural 17,126 has.
Agro-Industrial 5,182 has.