Korea to finance $2.2-M seafood processing facility in Dagupan
The Philippines and the Republic of Korea are finalizing the details of a proposed seafood processing facility in Dagupan City through a $2.2-million grant from the latter’s aid implementing agency.
Agriculture Secretary Arthur Yap said a survey team from the Korea International Cooperation Agency (KOICA) visited the country recently to work out the details of the project.
During their visit, the KOICA team, led by Kim In, and Dagupan City Mayor Alipio Fernandez Jr. discussed the measures to be undertaken to guarantee the successful implementation of the project which will tap Korean technology to improve the facilitation and processing of seafood exports from the Pangasinan port.
The project involves the construction of a 1,500-square-meter seafood processing plant that will include packing, heating and smoking equipment; quick-freeze and ice-making facilities; air showers, sterilizers and other sanitary equipment.
The project will also include the training of Filipino technical personnel in
Besides the Dagupan seafood processing facility,
Last year,
The exemption of Philippine bananas from the payment of the new adjustment duties effective Jan.1 last year has effectively lifted the quantitative restrictions imposed by South Korea on Philippine bananas.
A consistent top market for the country’s fresh and processed products,
Prior to
The adjustment tariff was a distortive trade practice, considering that
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