By US News Agency / Asian
A 25-hectare food terminal complex will soon be established in Daliao, Davao City to encourage the business sector to invest and further spur the growth to the city’s economy and even the entire Davao Region.
Engr. Ramon F. Allado, chair of the Southern Philippines Construction Core Group (SPCCG), in his presentation during the recent Regional Economic Managers’ Briefing spearheaded by the Department of Trade and Industry (DTI) Davao, said the establishment of the Davao Food Terminal Complex will be located in the area of the National Development Company (NDC) property in Daliao, Toril.
Allado said the food terminal will focus on poultry, fruit processing, agri processing, and cold storage facilities.
He said primarily, the business considers the strength of agriculture as the stabilizer amidst repercussions in the global economy. The project is a complete example of a public-private partnership (PPP) initiative.
He said the SPCCG represents the private sector while the public sector proponents are the NDC and City Government of Davao. It is supported by the DTI, Department of Agriculture (DA), National Economic and Development Authority (NEDA), Davao City Chamber of Commerce and Industry, Inc. (DCCCII), and Davao Constructors Association Center, Inc. (DCACI).
“Stakeholders of this project agree that there is a need for Davao Region to open more opportunities for the expansion of agri-based businesses through the application of value-adding activities, citing the presence of an agri-industrial estate as one of the most essential infrastructures vital to boosting industry potentials,” he said.
The project has been identified by the City Government of Davao as one of the top three priority projects for the next three years (2010 to 2013), alongside farm-to-market roads and tourism development.
Allado is optimistic the project will be implemented soon.
“It is now under review by the NDC,” he said.
A 25-hectare food terminal complex will soon be established in Daliao, Davao City to encourage the business sector to invest and further spur the growth to the city’s economy and even the entire Davao Region.
Engr. Ramon F. Allado, chair of the Southern Philippines Construction Core Group (SPCCG), in his presentation during the recent Regional Economic Managers’ Briefing spearheaded by the Department of Trade and Industry (DTI) Davao, said the establishment of the Davao Food Terminal Complex will be located in the area of the National Development Company (NDC) property in Daliao, Toril.
Allado said the food terminal will focus on poultry, fruit processing, agri processing, and cold storage facilities.
He said primarily, the business considers the strength of agriculture as the stabilizer amidst repercussions in the global economy. The project is a complete example of a public-private partnership (PPP) initiative.
He said the SPCCG represents the private sector while the public sector proponents are the NDC and City Government of Davao. It is supported by the DTI, Department of Agriculture (DA), National Economic and Development Authority (NEDA), Davao City Chamber of Commerce and Industry, Inc. (DCCCII), and Davao Constructors Association Center, Inc. (DCACI).
“Stakeholders of this project agree that there is a need for Davao Region to open more opportunities for the expansion of agri-based businesses through the application of value-adding activities, citing the presence of an agri-industrial estate as one of the most essential infrastructures vital to boosting industry potentials,” he said.
The project has been identified by the City Government of Davao as one of the top three priority projects for the next three years (2010 to 2013), alongside farm-to-market roads and tourism development.
Allado is optimistic the project will be implemented soon.
“It is now under review by the NDC,” he said.