SOCSARGEN:
An Emerging Giant in Southern Mindanao
by:
Hazel Glenda C.
Guerrero
Socio-economic
upheaval in Southern Mindanao, is not a contemporary happening. But based
on the present trend, that is already a foregone conclusion. All facets
such as socio-cultural, educational development, economic potentials and
the very incipient stage are already within. With the economic direction
and opportunity brought about by technological and educational factors
interplaying with one another, they create a profitable business environment.
SOCSARGEN (South Cotabato, Sarangani, General Santos City) an area of enormous
opportunity, has taken the focus of the National Government.
SOCSARGEN
has geographical advantage. For instance, it is out of the typhoon belt.
Other areas in the Philippines have always been battered by the attendant
problems of typhoons and storms, which are strange for SOCSARGEN. It's
area is unique economic growth corridor endowed with nature's blessings
fertile soil, freedom from destructive typhoon, great mineral resources
and generous rainfall. The area offers abundant agriculture and natural
resources, nearby access to ASEAN markets and modern physical infrastructure.
Speaking
of infrastructure investments, the Philippine Government, Japan and United
States have committed over US$200 Million for international standard airport,
new roads, a world class fishport complex, an agro-processing center and
other facilities to SOCSARGEN. These investments create a business environment
for a long term and sustained dynamism. As part of the US Government's
commitment to Philippine Assistance Program, the US Agency for International
Development (USAID) through the Mindanao Development Program (MDP) is investing
U$110 Million for new infrastructures to hasten the economic development.
Southern
Mindanao, a leading corn producer and livestock production area is no longer
the Philippine's backdoor, it has become the nation's front door, a gateway
to opportunity. Practically, all economic enterprises such as: canning,
tire recapping, cattle fattening, meat processing, prawn farming, agro-industrial
pursuit, fishing and mining industry and the proliferation of other commercial
and banking enterprise are found in SOCSARGEN.
Many
multinational and domestic business firms have recognized SOCSARGEN'S economic
potentials. They have made substantial investments of capital and human
resources to expand their access to regional markets and production base.
Some of the major companies which are supported by over 30 major banking
and financial institutions are now operating on major production and processing
facilities: Agrotex, Cargill, Coca-cola, DEALCO, Dole, General Milling,
Monterey Farms, Pioneer Hybrid Agricultural Technology, Purefoods, RD Fishing,
RFM, Sarangani Aqua Resources, STANFILCO and YAMOKA NIPPON.
South
Cotabato, Sarangani and General Santos City have a population growth rate
per annum of 3.43%, 2.89% and 6.76% respectively. The influx of population
coming from all parts of the country has produced an advantage brought
about by the best traits from each of them. The thrifty Ilocanos, adventurous
Tagalog, witty Ilonggos, hardworking Cebuano, the enterprising Bicolanos
and Pampagueños and the ever assertive muslims and cultural minorities
have greatly contributed to what SOCSARGEN is at present. They continue
to build a living legacy of perseverance, vision and cooperation which
characterize the philosophy of SOCSARGEN's business and political leaders.
Knowing
the potentials of SOCSARGEN, the National Government has now focused its
economic and infrastructure projects in consonant with the desire to make
SOCSARGEN an economic and industrial show window of the South.
SOCSARGEN
is the newest investment destination. It will
always play a vital role as a paragon of national growth and development
with the necessary national and local resources put to work. The emergence
of SOCSARGEN as a socio-industrial giant would be a fast approaching realization.