Economic Services
Calabanga is blessed with rich natural resources. It has big uplands and vast fishing grounds. Agricultural areas are the most extensive areas covering more than half of the total land area in this municipality. It is the dominant land use. Land devoted to crop production is approximately 7,609.79 has. Which include rice, corn and coconut as the major crops and other crops such as abaca, coffee, vegetables, rootcrops and fruit trees.
Side by side with agriculture, fishing and livestock raising constitutes major economic activities. The fish grounds of San Miguel Bay as well as the Bikol River are the rich sources of plentiful fish, shellfish, oysters, capiz shells, prawns, shrimps and other marine species providing various livelihood industries such as fish processing, fish paste and bagoong making and other marine by-product. These marine by-products as well as shrimps, prawn, mudcrabs are supplied to the city of Naga, other neighboring provinces as well as in Manila. Other water sources include Inarihan, Tigman and Hinaguinan river aside from the fishponds for the brackish and freshwater species.
Livestock raising is a thriving industry in the municipality, an inventory of livestock and poultry farms shows that there are 5 commercial piggery and 3 commercial poultry farms operating in the municipality aside from the backyard animal raising which is very common in rural areas.
Next to agriculture and fishing, commerce, trade and industry are important and significant aspects in the economy of the municipality. Commercial and industrial activities are more concentrated in the urban areas that include among others wholesale and retail trade, minor service centers, transport business, community and personal services, drugstores, agri-supplies, gasoline stations while industrial activities include rice milling, fish processing, bamboo craft, furniture making, garments, metal crafts, ice plant, welding and auto repair shops as well as other small enterprises. Nipa shingle production is also one industry predominant at western barangays where nipa swamps could be found. The products are sold not only within the municipality but to nearby towns and Naga City.
The presence of a new Calabanga Public Market which started operation last 1998 finally resolved the demands for a bigger marketing center, while Cooperatives throughout the municipality are gradually developing its enterprises.
Read more about this topic: Calabanga, Camarines Sur
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