Project Brief:
SEAWEEDS COASTAL FARMING

Doing What’s Needed

Project Proponent:    ONESOURCE, ONEHEART, ONEDREAM ASSOCIATION
Mngmt Proj Operator:    GOLDEN HARVEST AGRO-INDUSTRIAL
FORESTRY MANAGEMENT CORPORATION

Pilot Location:    Zamboanga del Sur
Phase One:   One Coastal Municipality from each Province

Other Locations :
Luzon:    Batanes, Marinduque, Romblon, Palawan, Catanduanes, Cavite, Batangas, Mindoro Oriental, Camarines Sur, Camarines Norte, Mindoro Occidental, Pangasinan, Quezon, Pampanga

Visayas: Guimaras, Cebu, Bohol, Siquijor, Biliran, Capiz, Iloilo, Aklan, Antique, Negros Occidental, Negros Oriental, Southern Leyte, Northern Leyte, Northern Samar, Western Samar, Eastern Samar

Mindanao:    Camiguin, Dinagat islands, Basilan, Sulu, Tawi-Tawi, Misamis Oriental, Misamis Occidental, Davao Oriental, Davao Occidental, Davao del Sur, South Cotabato, Sarangani, Zamboanga del Sur, Zamboanga del Norte, Agusan del Norte, Agusan del Sur, Surigao del Norte, Surigao del Sur

REVENUE/COST SUMMARY PER FARM for YR 1  (Prices adjusted to 2019 prices)
TOTAL Project Cost:    PhP2, 516,038 per coastal- municipal farm
(A total of 822 COASTAL MUNICIPALITIES from the 66 coastal provinces shall be covered by this project; cost includes monitoring / supervising team)

1st-7th CROP INCOME:    PhP 4,725,000.00
NET RETURN:    PhP 2,389,175.20
RETRUN/CAPITAL:    PhP 3,636,575.20
ROI:    2.19 (VERY HIGH)
Payback period:    Less than 6 months
TOTAL ESTIMATED PROJECT COST for 822 Coastal Communities:  Covering all 12 Regions:    PhP 2,068,183,236.00