A Chinese company has expressed interest to import durian from Davao with an investment of up to $1 billion.
Davao City Investment and Promotion Center (DCIPC) April Marie Dayap said that Honju Fruits, a Chongqing-based company wants to import durian because it has a huge market in China. Davao City and the municipality of Chongqing recently agreed to sign a sisterhood pact.
She said Honju Fruits targets the importation of the Montong durian variety.
“For now, Honju imports durian from Thailand. Thailand cannot supply the demand of Montong variety. They want to import from us from September to March as these months are the low season of durian in Thailand,” Dayap said.
She said that officials of Honju Fruits will visit the city soon to personally discuss importation possibilities and to find out if the city can supply the demand.
“This will be a big opportunity for our businessmen in the city to expand their business and explore exporting their produce to China. We also encourage them to plant more durian,” she said.
The $1 billion investment will also cover assistance to durian farmers to maintain the sustainability of the supply of the Montong variety, she added. #