Thursday, July 13, 2006
Davao's agri products to penetrate Sulawesi
DAVAO's agricultural products will soon land in the market of Northern Sulawesi as private and government sectors of both areas inked a cooperation agreement on import-export exchange.
The Mindanao Business Council (MBC) in a press statement said part of the cooperation agreement is the facilitation of importation to Northern Sulawesi of about 128 tons of hog products, 152 tons of frozen poultry products and 111 tons of egg products.
The importation, it said, will be done on a monthly basis from Davao City.
North Sulawesi in return will export some 3,000 to 6,000 tons of corn every month from Indonesia as feeds by Davao-based hog farmers and poultry raisers.
The cooperation agreement was forged between Davao City Chamber of Commerce and Industry, Inc. (DCCCII) through its industry association affiliates, Davao Hog-Farmers Association and the Davao Poultry Industry Association, and the BIMP-Eaga Northern Sulawesi.
With the agreement MBC said a strong cooperation among all sectors will be achieved as well as strengthening of inter-chamber and inter-association relations.
The agreement between the two parties is composed of a foster friendly relations and a mutual sharing of opportunities for information exchange on business opportunities for shared economic development.
It will also provide the sharing of important public and private opportunities and trade and investment information particularly on the hog and poultry sector.
The agreement will explore ways and means of promoting trade and industrial cooperation and facilitate joint venture agreements, technical cooperation, market networking and linkages between Davao City and Northern Sulawesi on matters that affect the hogs and poultry sector.
Signatories to the agreement were Davao Hog-Farmers Association president Eduardo So, Davao Poultry Industry Association president Simeon Soriano, and Bimp-Eaga Northern Sulawesi secretariat Jeffrey Wurangian.
For Bisaya stories from Davao. Click here. (July 13, 2006 issue)
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