Says end of CARP
will draw investors
BY CARLA GOMEZ
Negros Occidental Gov. Alfredo Marañon Jr. yesterday welcomed the act of Congress that allows the Comprehensive Agrarian Reform Program to expire on June 30, and said this will lead to the return of investors in agriculture, the growth of which had been stunted by CARP.
Congress did not grant another CARP extension when it adjourned Wednesday, and it will resume sessions on July 28, Rep. Alfredo Abelardo Benitez (Neg. Occ., 3rd District) said.
Since it was not extended, it will end on June 30, and those properties not served notices of coverage before that date will no longer be subjected to CARP, he added.