Cagraray Island

About albay

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About ALBAY

Traditional industries. Agriculture is the main industry in Albay, which produces such crops as coconut, rice, sugar, and abacá. Handicrafts is the major source of rural income. It continuous to provide fairly large share in the small-scale industries of the province. Forestry and papermaking are another source of livelihood. The manufacture of abacá products such as Manila hemp, hats, bags, mats, and slippers is one of the main sources of income in the rural areas. Fishing is also done along both shores of the province. Tourism, primarily because of Mayon Volcano, also draws income for Albay.

Heavy manufacturing industries. Of the total 6,369 manufacturing establishments of varied sizes in the Bicol Region, 48.6% are located in Albay. Bicol's largest industrial sites are in Albay: Tiwi and Manito boast geothermal energy plants, Camalig has the Goodfound Cement Factory, Daraga has its Isarog Pulp and Paper Company, Legazpi City has Bicol Hair, and Legaspi Oil Company and two other large coconut oil milling plants, making Albay top foreign currency earner this part of Luzon.

Transportation. Albay is also the region's principal transshipment point with its ports: Tabaco International, Legazpi National, Pio Duran Provincial, and the Pantao Regional Port (under construction in 2003). Legazpi City also has its own domestic airport which hopes to serve international flights in the near future. Legazpi Airport serves as Bicol's gateway to Manila and the Visayas.