President Aquino turns over P18.3M worth of shared service facilities in Pangasinan

President Aquino turns over P18.3M worth of shared service facilities in Pangasinan

DAGUPAN CITY -– President Benigno Aquino III boosted the micro, small and medium enterprises in 23 towns of Pangasinan when he turned over to cooperatives and groups processing machines and tools needed by them to increase their productivity.

Photo by Malacañang Photo Bureau
Malacañang Photo Bureau

Turned over in a ceremony at CSI Stadia here were Shared Service Facilities (SSF) worth P18.3 million from the Department of Trade and Industry (DTI) to enable each industry to improve its products and crafts to help them meet world standard.

These facilities are parts of DTI’s “Big Push Program,” a strategic initiative of the agency that could help MSMEs to be more prepared and confident in gaining their spot in the global market.

It aims to improve the quality and productivity of entrepreneurs by addressing the gaps and bottlenecks in the value chain of priority industry clusters through the provision of processing machines and tools housed in facilities of private sector partners for the common use of the MSMEs, said DTI Undersecretary Zenaida Maglaya.

Malacañang Photo Bureau
Malacañang Photo Bureau

Maglaya said about 96 percent of all the businesses in the country are MSMEs which he considers as the backbone of the country’s economy, the key strategy in achieving inclusive growth.

In 2013, the government set aside P770 million for the implementation of the SSF project, of which P700 million was intended for the procurement of machineries and equipment or capital outlay and the remaining P7 million for the implementation of the project.

Three SSF beneficiaries – Ruben Magalong, Milagros Buenafe anbd Rolly Mateo Jr. – thanked President Aquino for providing them these facilities which enabled them to produce more and earn more.

In their testimonials, the three said the SSF facilities from the DTI brought them closer to their dream of giving more prosperous lives to their families and education to their children.

Natalia Dalaten, chief trade and industry development specialist of DTI in Pangasinan, said the program involves providing facilities that are shared by a number of beneficiaries, such as cooperatives, institutions and communities, to help them produce more quality products that could penetrate both the local and world markets.

Dalaten added the government project has increased the production volume, market capture and sales generation of the beneficiaries who already received the facilities they requested.

One SSF project set up by the Dagupan Bangus Merchant Association near the Dagupan Fish Market was visited by administration presidential candidate Mar Roxas today, Monday, and he was impressed by the benefits and opportunities it has given to small entrepreneurs doing bangus (milkfish) processing. PNA / northboundasia.com