DTI-Davao allocates P34M for SSF-A A +A
Tuesday, February 18, 2014
THE Department of Trade and Industry (DTI) in Davao Region earmarked P34 million for the Shared Service Facilities (SSF) projects in the region this year.
DTI regional officer-in-charge Ma. Belenda Q. Ambi, in an interview at the sidelines of DTI-Davao's civil society organization and stakeholders consultation at the Pinnacle Hotel and Suites Tuesday, said they are targeting a total of 58 SSF proposals to enroll in the program this year.
"The provincial offices of DTI have already identified projects which they can enroll for the availment of SSF," she said.
Ambi said the target beneficiaries of the SSF program will be coming from the priority industry clusters like abaca, bamboo, cacao, coffee, and coconut.
In 2013, DTI-Davao established 34 SSFs, assisted 893 micro, small, medium enterprises (MSME), generated 1,710 jobs and spent around P8.2 million.
"Not all of the P8.2 million SSFs have been mobilized yet, some of the SSFs will be implemented this year," Ambi said.
According to DTI, the SSF is a "strategic complementary project that intends to balance off existing efforts/programs such as National Industry Cluster Capacity Enhancement Project (NICCEP) to achieve inclusive growth."
It also states that the program "entails the setting up of common service facilities or production centers for certain processes to give MSMEs access to better technology and more sophisticated equipment to accelerate their bid for competitiveness and help them graduate to a next level where they could tap a better and wider market and be integrated in the global supply chain." (RJL)
Published in the Sun.Star Davao newspaper on February 19, 2014.