Pangasinan Islands Philippines
Pangasinan Economy
Commercial Salt Industry in Dasol.
Pangasinan has export earnings of around $5.5 million.
Energy
The 1200 megawatt Sual Coal-Fired Power Plant, 345 megawatt San Roque Multi-Purpose Dam, the Northern Cement Corporation, are located in Pangasinan.
Marine
Pangasinan is a major fish supplier in Luzon, and a major producer of salt in the Philippines. It has extensive fishponds, mostly for raising bangus or "milkfish," along the coasts of Lingayen Gulf and South China Sea. Pangasinan's aquaculture includes oyster and sea urchin farms.
Agriculture
The major crops in Pangasinan are rice, mangoes, corn, and sugar cane. Pangasinan has a land area of 536,819 hectares, and 44 percent of the total land area of Pangasinan is devoted to agricultural production.
Financial
Pangasinan has 593 banking and financing institutions.
Labor
Pangasinan has a labor force of about 1.52 million, and 87 percent of the labor force are gainfully employed.
Investment
The Department of Trade and Industry in the Philippines has identified the following potential investment areas in Pangasinan:
* Maguey production and handicraft center
* Santiago Island Marine Park
* Oyster processing facility
* Bagoong technology and processing center
* Tannery and leather production center
* Oyster and aquaculture farming
* Seaweed farming
* Bamboo production
* Handicraft and furniture making
* Manufacture of construction bricks
* Tourism development
Source: Wikipedia Encyclopedia
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