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Gov. approves P2M for SME common packaging facility

GOVERNOR Erico Aumentado recently approved P2 million for the establishment of a common packaging facility for Small Medium Entrepreneurs (SMEs) here, the first of its kind in Central Visayas. This project, funded by the Provincial Government of Bohol through the Bohol Poverty Reduction Management Office (BPRMO) under Antonieto Pernia is hoped to ease poverty incidence in the province.

The common facility will help small and medium entrepreneurs in packaging their product to make it competitive not only in the country but in the worldwide arena. This will eventually result not only to the progress of SMEs but is expected to contribute to the over-all growth of the local economy through job and income generation.

This project is a toll-manufacturing establishment for SMEs. In the long-run, this will be self-sufficient in paying their own administrative cost such as salaries and wages, electricity, and the like, BPRMO said.

The BPRMO will be hiring 2 topnotch product designers to assist them in coming up with this common facility. This completes the whole cycle of production assistance of the BPRMO from planting, harvesting, processing, and packaging and even in marketing.

The common packaging industry was proposed by the BPRMO to Gov. Aumentado last February, this year. It was reiterated by the same office in the middle of May and was even announced by Gov. Aumentado over ABS-CBN and ANC. Last Saturday, June 17, the Bohol Chamber of Commerce and Industry (BCCI) made a recommendation for the approval of this undertaking. This common packaging facility already exists in Bulacan also funded by their provincial government.

 

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VOLUME XX No. 50
Tagbilaran City, Bohol, Philippines
June 25, 2006 issue