Huge Increase in African Palm Plantations in Honduras
In the last three years 40,000 hectares have been added to the activity, considered the most profitable in the country's agricultural sector.
Friday, July 12, 2013
The chief of the Ministry of Agriculture and Livestock (SAG), Jacobo Regalado, explained that three years ago there were 105,000 hectares of plantations and that 2013 could close with over 160,000 hectares. He added that the processing capacity has also increased, by 33%, which has generated $50 million in additional annual export earnings, with 2012 closing with a total of $304 million.
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In the traditional banana regions of Baru, in the Chiriqui province, there is now increased cultivation of African palm, which exceeds 8,000 hectares.
Producers are taking out loans in order to expand plantations and production of palm oil in Chiriqui.
From January 2013 a new plant in Honduras will be operational, producing African palm oil and having a capacity to process 650 tons per day.
Palm oil plantation areas in the country are increasing at an average rate of 8,000 hectares per year.
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