Cagayan eyes bamboo world market

AS the global demand for bamboo continually increased in the past eight years, the public and private sectors in Cagayan Valley (Region 2) have collaborated to give the bamboo industry in the region a boost by promoting various business opportunities, and pushing for bamboo for reforestation to rehabilitate and protect watershed areas.

According to the Department of Trade and Industry (DTI), global demand for bamboo is huge with $7 billion in exports in 2009 that significantly increased to $17 billion in 2015.