Tuesday, September 3, 2013

DTI turns-over SSFs to food processors in Bohol

To address the lack of modern tools in the food processing industry in Bohol, the Department of Trade and Industry (DTI) turned over P3M worth of food processing equipment to Calamay processors in Albuquerque and Jagna, banana processors from Sevilla, Anda, Balilihan and Maribojoc on August 30.

Heeding the call of President Aquino for all sectors of the economy to be part of the country’s “inclusive growth”, the DTI saw the need to address the market’s stringent requirements for food safety and quality and increase the competitiveness of MSMEs in Central Visayas through the Shared Service Facility Program.

SSF is a program of the DTI that aims to provide local MSME’s common service facilities, modern equipment and access to the latest technology.

With MSMEs constituting around 99% of the total business enterprises in the region most of which lack the needed facilities, DTI saw that shared services facilities can play a vital role in MSMEs complying with the product quality standard that the market demands.

A total of Php 29.584 Million funds have been allocated by the government this year for the establishment of Shared Service Facilities meant to benefit entrepreneurs and to generate jobs in Central Visayas.

The DTI’s SSF projects are expected to directly generate jobs, help the country achieve inclusive economic growth and alleviate poverty in the region. 

For news on DTI, please visit http://tradeneconomydti.blogspot.com/ http://tradeneconomydtiact.blogspot.com/

No comments:

Post a Comment