Wednesday, November 25, 2020

P6.5B to fund Mindanao agri projects


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THE Department of Agriculture (DA) has allocated P6.51 billion from the Philippine Rural Development Project’s (PRDP) funds to support several agricultural projects in Mindanao.

In a statement, the DA said it had identified the 10 poorest provinces in the region that would receive these funds in order to raise incomes, productivity and competitiveness there.

The said projects would focus on infrastructure and enterprises for farmers and their organizations, it added.

Lanao del Sur has three subprojects with a combined budget of P113.12 million; Sulu, one (P135 million); Maguindanao, 18 (P832.97 million); Bukidnon, 55 (P1.306 billion); Zamboanga del Norte, 12 (P1.221 billion); Saranggani, 18 subprojects (P906.81 million); Agusan del Sur, 13 (P809.62 million); North Cotabato, 19 (538.66 million); Sultan Kudarat, 16 (P372.46 million); and Lanao del Norte, 7 (P274.40 million).

The DA said the establishment of farm-to-market roads, bridges, postharvest facilities and other infrastructure to local government units from those provinces “will provide support to the transportation of the agricultural sector by reducing transportation cost, travel time, increase traffic, reduce postharvest losses, and establishing direct linkage from farm to market.”
“As a result, farmers will have better income as their products are sold at a favorable price,” the DA added.

Department data showed that as of December 2018, the PRDP has approved the funding of 429 subprojects worth P24.37 billion under the project’s I-BUILD component (infrastracture). Of these, 141 worth P3.91 billion were already completed.

These completed subprojects built 361.09 kilometers of FMRs and 90 linear meters of bridges; resulted in 81 hectares of service areas for irrigation; and served 4,953 households with potable water systems.

A total of 219 subprojects, valued at P15.17 billion, are currently under construction and 69 subprojects worth P5.29 billion are under procurement, it added.|

Launched in 2013, The PRDP is a six-year, World Bank-assisted project that aims to increase at least 5 percent in annual real farm incomes of PRDP in household beneficiaries and post a 30-percent increase in income for targeted beneficiaries of enterprise development.



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