TARBIDC

Name of ARC : Tumahubong Agrarian Reform Beneficiaries
Integrated Development Cooperative
Barangay Covered : Tumahubong
Location : Sumisip
ARC Population : 2,212
Average Household Income : P99,000/annum
Organization : TARBIDC
No. of Identified ARBs : 316
No. of Members : 302
Registered with : Cooperative Development Authority
Date/Year Registered : December 1990
Total Capital Build-Up : P10,724,890.00
Total Assets : P7,267,542.95
Total Liabilities : P17,950,748.00
Land Area Awarded : 1,017.1524 has.
Land Valuation : P40,479,521.01
Land Tenure Arrangement : Collective ownership
Land Use : Rubber- 968.0000 has.
Durian – 5.000 has.
Industrial/residential – 50 has.
Principal Products : Rubber
Economic Activities : Production and processing of rubber, operation of consumers’ store

Historical Background :

Siltown Realty, Inc. and other registered landowners comprising an area of 1,017 hectares formerly owned the property. Sime Darby Philippines, Inc., an international company engaged in the manufacture of rubber tires in the Philippines and Asia, developed and managed it.

When the CARP Law unfolded its force, the rubber plantation was voluntarily offered for sale to the government in 1989. In March 1990, Sime Darby stopped its operation in the plantation and the cooperative of agrarian reform beneficiaries took over its management.

Apart from its being a rubber plantation, the cooperative also undertakes other activities such as: