Marsman-Drysdale Agribusiness Holdings, Inc. (MDAHI) is the holding firm of all the agribusiness ventures of the Marsman-Drysdale Group. We are internationally known for export-quality produce such as bananas, asparagus, and mangoes.
Our strong labor force and management team have enabled us to address our commitments to buyers throughout the globe. Our investments in research and technology have allowed us to meet the world-class standards of our market, assuring you of products of the highest quality, at par with the best in the world.
MDAHI has come a long way from our difficult beginnings in 1950 when the Marsmans' 7,500-hectare abaca plantation in Davao failed because of the dreaded mosaic virus disease. But this investment eventually led the Marsmans to establish one of the first banana plantations in Mindanao -- the Marsman Estate Plantation, Inc., which today produces one of the highest per-hectare yields in the banana industry.
From our first banana plantation established in 1969, MDAHI has expanded and diversified into other banana plantations located in Compostela Valley Province: the Alta Vista Agri-Ventures Corporation, the MD Rio Vista Agri Ventures, Inc., and the MD Nabunturan Agri-Ventures, Inc. and in the Davao del Norte Province: the MD Panabo Agri-Ventures, Inc., and the MD Davao Agri-Ventures, Inc.
Our plantations yield a wide range of export-quality produce. Marsman-Drysdale Agri Ventures is one of the only two major producers of asparagus in the entire country. It is based in Polomolok, South Cotabato where our state-of-the-art asparagus packing plant is located. Our mango orchard, with more than 10,000 fruit-bearing trees, is located in the island of Guimaras, Iloilo under the Oro Verde Holding and Development Corporation.
The Marsman-Drysdale Biotech and Research Corporation aims to unlock the vast potential of Philippine agriculture through research and technology. Having the only biotechnology research unit in the country's banana industry, we have already developed in our laboratories different biological agents for the protection and nutrition of our produce.
Because the company is involved in a wide range of labor-intensive projects, our team is composed of over 3,500 employees -- compelling reason for the company to put in place various social development programs. Health, education, housing facilities and other programs are properly addressed in each of the plantation areas. The company is proud of its commitment to its employees, granting them salaries and benefits that are among the highest in the agricultural sector. This policy has rewarded us with a strong and unified labor force, dedicated to deliver our commitments to buyers around the world.
According to a study by the Food and Agriculture Organization (FAO), the Philippines is expected to continue to dominate the banana export trade in Asia. Driven by its commitment to its buyers around the globe, MDAHI will undertake more expansion projects in the future to address this market development.