PPP approves Clark Green City food study funding

0

The Public-Private Partnership Center of the Philippines (PPP Center) has granted funding support for the feasibility study of the Clark Green City Food Processing Terminal Project of the state-owned Bases Conversion and Development Authority (BCDA).

Advertisements

The support from PPP’s Project Development and Monitoring Facility (PDMF) Committee will facilitate the procurement of consultants who will prepare the feasibility study for the food processing terminal and provide transaction support services during the PPP project approval and bidding stages.

BCDA President Arnel Paciano D. Casanova said the Clark Green City Food Processing Terminal Project is envisioned to be a “stock exchange” of fresh agricultural produce and processed products within Clark Green City, which is located in the Clark Special Economic Zone in Pampanga.

“In a similar fashion where Clark Green City will be the intellectual hub for science and technology education and research, the Clark Green City will also be a “stock exchange” of fresh produce and processed products that would ensure the food security and nourishment of the residents in the city,” Casanova said.

Casanova said the Clark Green City Food Processing Terminal Project, to be set-up in District 4 of Clark Green City, aims to attract investors from the private sector, local government units, cooperatives and other associations to invest in the establishment and management of storage facilities and other infrastructure for processing, handling, and distribution of agri-fishery products utilizing integrated research development and technology.

The Food Processing Terminal project will consolidate food supply chain and post-harvest production systems for agricultural and fishery products for Northern and Central Luzon, Metro Manila and even neighboring countries.

Earlier, Secretary of Socioeconomic Planning and NEDA Director-General Arsenio M. Balisacan said that the food processing terminal will promote social inclusiveness within the concept of the inclusive growth thrust of the government, by ensuring sufficient supply and better quality of food within Clark Green City, beyond the project area, and perhaps outside the country as well.

The food processing terminal is also seen augmenting the void left by the disposal of the old FTI in Bicutan.

Share.
loading...
Loading...

Please follow our commenting guidelines.

Comments are closed.