CEBU, Philippines - The Department of Trade and Industry Region VII recently launched its shared service facilities in Bohol and Siquijor that are designed to augment the production volume and improve the quality of products manufactured by the micro, small and medium enterprises (MSMEs) in Central Visayas.
DTI-7 revealed that the government has approved the budget of around P30 million for the project that could benefit small-scale businesses and cooperatives and generate added employment opportunities in Region VII.
In a press statement, the agency said that the project is aimed at improving the productivity of entrepreneurs by addressing the gaps and bottlenecks in the value chain of priority industry clusters through the provision of processing machines, equipment and tools for the common use of identified beneficiaries.
It further enhances the competitiveness of these clusters through the use of quality-enhancing machinery and develops market-driven industries in support to the National Industry Cluster Capacity Enhancement Project.
The shared service facility for meat processing in Bohol was inaugurated last July 12. This was attended by first district representative Rene Relampagos, Vice Mayor Rey Lacea, DTI Siquijor provincial director Nimfa Virtucio and her staff and the Mantacida United Farmers Multipurpose Cooperative headed by Coop Chair Wevina Cano.
Also this year, Siquijor had its shared service facility for wood craft Industry and bayong production. The launching was participated by furniture makers of the Larena Woodcraft Makers Association and weavers of the Napo Romblon Weavers Association along with the provincial trade department.
Cooperators of the two shared service facilities signed a memorandum of agreement yesterday during the official opening of the Sandugo Trade Expo at the Island City Mall, Tagbilaran City.
The regional trade expo that will run from July 24 to 28 shall showcase the products and services of more than 90 exhibitors from the Visayas and Mindanao regions. /JOB (FREEMAN)