Radyo Natin

DTI spends more than PhP27M for shared-service facilities in Western Visayas

ILOILO CITY — The Department of Trade and Industry (DTI) in Western Visayas has released more than P27 million for the acquisition of 72 equipment under its shared service facilities (SSF) program.
The SSF, one of the flagship programs of DTI, aims to increase the production of micro small and medium entrepreneurs (MSMEs). It is intended for cooperatives, associations, or even local government units.
DTI OIC regional director Rebecca M. Racson said on Tuesday that the facility was being managed by the recipient groups, which they rented out to MSMEs with no machinery.
The latest equipment was a packaging machine released to an organization in Antique for their squash noodles product. This is to ensure that the product is hygienic and packed properly for market, Racson said.
A weaving machine for bags was also turned over to an association in Guimaras.
DTI eyes to extend more machinery under the SSF program in Aklan and Negros Occidental.
Meanwhile, the province of Antique was chosen as among those that will benefit from the "Pondo sa Pagbabago at Pag-asenso" (P3) program. P3 is a response of Duterte administration by providing micro enterprises another source of financing, said Racson.
The program is made available to the country's top 30 poorest provinces. (PNA)
Iyaz Kamias
Maja Limuyak
Valeen Kinitan

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Last Modified: 2017-Dec-12 06.25.00 UTC+0800