Economy
The economy of Sultan Kudarat is predominantly agricultural. With vast agricultural potential, the output consists of practically all types of crops grown in the country, including rice, corn, beef, coffee, and vegetables. The province is self-sufficient in poultry, swine, and root crops. The province is one of the few producers of Irish potatoes in the Philippines. The southern Philippines Grain Complex in Tacurong is the largest grains-processing complex in the country. There are more than 200 ricemills in the province.
Fishing is a fast growing industry. Tuna caught along the coasts along the Celebes Sea are of high quality, and are exported to Japan and Europe.
Another significant economic activities include the cottage industry, which includes crafts made of rattan and other types of wood.
Read more about this topic: Sultan Kudarat
Famous quotes containing the word economy:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)