Davao region soon to be a lobster production area?

A PNA article caught my attention today. It said that an American feeds supplier is eyeing lobster production in the Davao region here in Mindanao! A certain Denzil Nicholson of Verdant Ocean, an aquaculture feeds company, said that they’re keen on the possibility of producing lobsters in Davao.

“The region is a good area for development. It is one of the most viable industries as lobster stocks are on the decline,” Nicholson was quoted as saying.

Did you notice the tricky part? He said “lobster stocks are on the decline.”

I wonder if the proposed lobster production process would involve “synthetic” procedures or would the entire thing adopt natural means?

Nicholson was part of the US-Philippines Agribusiness Trade and Investment Mission. The group visited the 60-hectare mariculture park of the Bureau of Aquatic Resources and Fisheries in Panabo City, Davao.

While I understand that investments are crucial to an area’s growth and development and while I do appreciate the fact that this project, should it push through, will spur more jobs, I would appreciate more information on just how the lobster production process would go.

Would it affect our ecological system?

Would proper taxes be imposed?

And the questions go on and on and on.

What about you? What do you think? Is this a promising project?

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