MD ISALON ORGANIC BANANA AGRI VENTURES, INC.
MD Isalon Organic Banana Agri Ventures, Inc., located in the hilly terrain of barangay Bongabong, Pantukan, Compostela Valley Province, was intended to produce cavendish bananas that are less-chemically treated. This 180-hectare plantation, formerly a part of the Nova Vista Management and Development Corporation, was spun-off from NVMDC in May 1999.
MD Isalon's bananas are exported primarily to Japan where organic and less-chemically treated fruits are very popular among its health-conscious consumers. Organic bananas accounts for about 0.3 percent of the estimated US$1 billion worth of organic food consumed by the Japanese market according to a FAO study in 1997.