Creation of Abaca Industry Development Authority

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PRESIDENTIAL DECREE NO. 1208: Creation of Abaca Industry Development Authority

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Title Supreme Court: Creation of Abaca Industry Development Authority

Law: Presidential Decree No. 1208

Decision Date: Oct 8, 1977

To address the unstable market for abaca fiber in the Philippines, Presidential Decree No. 1208 establishes the Abaca Industry Development Authority (AIDA) to promote the growth and development of the abaca industry through research, production, processing, and marketing, with the authority to regulate and negotiate contracts, establish storage facilities, and recommend credit programs.

abaca industry

development authority

unstable market

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