The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, is hosting a business luncheon and business matching session on March 18, 2015, for a trade mission from Italy specializing in the agricultural machinery and services sector, PCCI president Ambassador Alfredo Yao announced on Thursday.
The event is organized under the auspices of the Italian Embassy and the Italian Trade Agency in cooperation with the Italian Chamber of Commerce and Industry, Federation of Italian Manufacturers of Agricultural Machinery, and the European Chamber of Commerce and Industry. The mission will be in the Philippines from March 18 to 19, 2015.
Yao listed the13 Italian companies to meet local counterparts as Abbriata S.r.l., Wickerton S.p.A. (regional office for Agrex), Alpego S.p.A., BCS S.p.A., Boschi Servizi .S.r.l., Breviglieri S.p.A. Macchine Agricole, Hexagon Distributing Corp. (Philippine distributor for Celli), CNHIU Industrial SA, FALC S.r.l., Gome-High Tech Resource S.r.l., Uptown Industrial Sales Inc. (Philippine distributor for SAME), Selvatici S.r.l., Spapperi S.r.l., TechnoEnergy S.r.l., TechnoEnergy Impinti S.r.l.
The business matching between the Italian mission and the Philippine farm community is significant considering that awareness of new technologies could lead to opportunities to improve productivity and cost-competitiveness of Philippine products in both the local and export markets.
Yao hopes that the Philippine farm sector could tap easy financing from the Italian components of about 26 million euros under the project of the Italian Cooperation for Rural Development in Mindanao.
Roberto Amores, director-in-charge for the PCCI Agriculture Committee, said competitiveness through mechanized farming could increase the contribution of agriculture as a percentage of gross domestic product, and to increase farm-related employment, which currently accounts for 31 per cent of total labor force.
The Italian mission is to be led by Undersecretary for Foreign Affairs, Senator Benedetto Della Vedova. The business delegation is also scheduled to meet with Agriculture Secretary Proceso Alcala and Agrarian Reform Secretary Virgilio de los Reyes.