US trade mission results in $330 million in proposed Philippine investments; two biofuel crop projects

In the Philippines, Bworldonline.com is reporting that a US trade mission to the Philippines produced $330 million in investment commitments from US companies related to biofuels investments, farm productivity technology, and high-yield crop investment including bananas, pineapple, palm oil and aquaculture. Two of the four companies making investment pledges were related to biofuel crops — with a focus of attention on jatropha, cassava and corn.

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