MARKET DEVELOPMENT
DTI 2015 SME Roving Academy Tackles Oil Palm Investment, Production
DTI 2015 SME Roving Academy Tackles Oil Palm Investment, Production
05/03/2015 (Philippine Information Agency) - The Department of Trade and Industry’s (DTI) 2015 Small and Medium Enterprise Roving Academy (SMERA), conducted recently at Central Mindanao University, focused on Oil Palm investment opportunities.
At the reception, attended by local investors, mayor Romeo P. Tiongco of LGU-Damulog presented his positive views about oil palm. But he laid down the “musts” of those companies who are planning to promote oil palm in his municipality and the business model acceptable to them.
Mayor Tiongco welcomes the contract growing scheme but emphasized that the farmers should be part-owner of the processing plant.
Manuel G. Boniao, chairman of Bali Oil Palm Produce Corporation expressed optimism on LGUs investment facilitation in this oil palm production in Damulog and vowed to help augment farmers’ income.
Meanwhile, DTI provincial director Ermedio Abang pointed out that in all economic aspects in the province, its not only Damulog town that could attract investment opportunities but also other communities.
“That’s why we have participants here from Lantapan, Bukidnon and neighboring places,” he said.
Local investors from different parts of Bukidnon were also present during the event.
DTI-Bukidnon intensified its campaign on promoting the growth of Small and Medium Enterprises (SMEs) by conducting more SMERA inorder to make them more competitive in the domestic and export markets.
This is the 3rd SMERA conducted this year, the first was held at Taipan Restaurant in Valencia City while the second was at Bukidnon State University in Malaybalay City.
SMERA will be conducted in different towns in the coming months in partnership with the Provincial Micro, Small, & Medium Enterprises Development Council and various local chambers in the province of Bukidnon.
At the reception, attended by local investors, mayor Romeo P. Tiongco of LGU-Damulog presented his positive views about oil palm. But he laid down the “musts” of those companies who are planning to promote oil palm in his municipality and the business model acceptable to them.
Mayor Tiongco welcomes the contract growing scheme but emphasized that the farmers should be part-owner of the processing plant.
Manuel G. Boniao, chairman of Bali Oil Palm Produce Corporation expressed optimism on LGUs investment facilitation in this oil palm production in Damulog and vowed to help augment farmers’ income.
Meanwhile, DTI provincial director Ermedio Abang pointed out that in all economic aspects in the province, its not only Damulog town that could attract investment opportunities but also other communities.
“That’s why we have participants here from Lantapan, Bukidnon and neighboring places,” he said.
Local investors from different parts of Bukidnon were also present during the event.
DTI-Bukidnon intensified its campaign on promoting the growth of Small and Medium Enterprises (SMEs) by conducting more SMERA inorder to make them more competitive in the domestic and export markets.
This is the 3rd SMERA conducted this year, the first was held at Taipan Restaurant in Valencia City while the second was at Bukidnon State University in Malaybalay City.
SMERA will be conducted in different towns in the coming months in partnership with the Provincial Micro, Small, & Medium Enterprises Development Council and various local chambers in the province of Bukidnon.