PHilMech to distribute machines under RCEF

The Philippine Center for Postharvest Development and Mechanization (PHilMech) is ready to distribute the first batch of farm machines under the Rice Competitiveness Enhancement Fund (RCEF).

PHilMech Executive Director Baldwin Jallorina Jr. said the first batch of farm machines to be distributed under the RCEF is worth about P2 billion, which is part of the first P5 billion allocated under the fund for mechanization of rice farms. Under Republic Act 11203, or the “Rice Tariffication Law,” P10 billion will be allocated every year for the next six years from 2019 for RCEF and allocated as follows: P5 billion for farm mechanization;  P3 billion for high-yielding seeds; P1 billion for credit support; and P1 billion for training programs.