LGUs URGED TO AVAIL OF PHILIPPINE RURAL DEVELOPMENT PROJECT

Print
Created on Wednesday, 17 September 2014

DA-7 OIC Regional Technical Director Marina Hermoso (with microphone) welcomes members of the Regional Project Advisory Board of the Philippine Rural Development Project composed of multi-agency representatives such as the Department of Social Welfare and Development, National Economic Authority, Department of Environment and Natural Resources, and Department of Trade and Industry during a recent review of projects at an uptown Mandaue City Hotel.




Local governments units (LGUs) are urged to take advantage of the projects under the Philippine Rural Development Project.

This was recently enunciated by Department of Agriculture 7 (DA7) OIC Regional Executive Director Angel Enriquez who echoed the call of Agriculture Secretary Proceso Alcala to local government executives.

To be launched by President Aquino this year in Cebu City, the PRDP will run for six years, and is designed to establish a market-oriented agriculture and fishery investments; expand market access and improve competitiveness in the agriculture sector, among others.

Under PRDP, a development project such as a farm to market road or livelihood support would be funded by the World Bank with counterparting scheme of 80% loan proceeds, 10% by DA, and 10% by the local government, respectively. Enterprise subprojects require 20% counterpart by the proponent group and another 20% coming from PLGU, the rest will be funded by loan proceeds and DA.

The Region 7’s Project Advisory Board of the Philippine Rural Development Project has recently endorsed P158.68 million worth of agriculture related projects which are all based in Bohol Province.

The above-named PRDP development projects consist of rehabilitation of four farm-to-market roads located in Barangays del Carmen West and Tugbas in Balilihan, Barangays Mahayag Norte and Baang in Catigbian, Barangays Alegria and Bigho in Loboc, and Barangays San Agustin and Canmaya Diot in Sagbayan with total sub-project cost of P140.9 million; and a dairy carabao processing and marketing enterprise proposed by the Bohol Dairy Producers’ Association, based in Ubay, Bohol, costing P17.8 million. (DA7/Merilyn Talagon)

Copyright 2012. Joomla Templates 2.5 | .