Socio-Economic Upliftment of Selected Seaweed Farming Communities in Puerto Princesa City, Palawan: Problems and Prospects Michael D Pido Ma. Celeste A.

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Presentation transcript:

Socio-Economic Upliftment of Selected Seaweed Farming Communities in Puerto Princesa City, Palawan: Problems and Prospects Michael D Pido Ma. Celeste A Armedilla Ferdinand A Pontillas Eva Marie dC Ponce de Leon

Presentation Outline I. Introduction II. Socio-Economic Upliftment a. Income b. Employment III. Problems a. Farmers b. Traders IV. Prospects V. Revenue of Seaweeds Farmers

Seaweeds families red algae (Rhodophyceae) brown algae (Phaeophyceae) green algae (Chlorophyceae)

Philippine Seaweed Production Source: BAS (2004)

Yearly Average Price Source: Dublin (2005)

Monthly average price of dried seaweeds, Source: as cited by Dublin (2005)

Map of Palawan and Honda Bay

Palawan Seaweed Production Source: BAS (2005)

Cagayancillo

Coron

Agutaya

Area for Seaweed Farming in Palawan Source: DTI (2004)

Area for seaweeds farming in Puerto Princesa City Source: DTI (2004) Area= 238 ha

Pandan Island, Honda Bay

San Rafael

Buenavista

Puerto Princesa City seaweeds production (dried) Source: OCA ( )

Employment Provided employment to at least 60 families –24 families in PMC –13 families in Buenavista –19 families in San Rafael –Other barangays, still to be identified

Problems encountered by seaweeds farmers Major Problems Financing Low Production Lack of Post-harvest assistance Trade

Problems encountered by traders farmers are not properly drying their seaweed. Presence of ‘fly-by-night’ traders lack of credit financing to traders. some processors are not imposing fair and reasonable moisture deduction.

Prospects Production Microfinancing Infrastructure Facilities Training/Capacity Building

Income Production5,400 kg PricePhP 37 SalesPhP 199,800 Less: Transportation expense (0.50 kg)2,700 Income per cropping197,100 x number of cropping per year2 Income per year394,200 Less: Input cost74,500 Maintenance cost67,450 Depreciation cost13,075 Net IncomePhP 239,175

ROI for 1 ha farm ROI = 125%

Economic projection 2005 Farm areaNet income Poverty thresholdSurplus/deficit , , (38,596.20) , , (22,983.70) , , (25,371.20) , , (9,758.70) , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,591.30

Economic projection 2010 Farm areaNet incomePoverty thresholdSurplus/deficit , , (6,191.35) , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,653.77

Economic projection 2010 Area (ha) Number of beneficiary farmers/families Potential benefits (PhP) ,655, ,735, ,962, ,559,003

Parting words Many of the coastal residents of Puerto Princesa City either remain impoverished or live below the poverty line. Seaweeds farming is one of the promising livelihood options. Given the appropriate logistical and institutional support, seaweeds farming may become profitable enterprise in Puerto Princesa City.

THANK YOU