DA chief: P1B to fund cold storage plants

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DA chief: P1B to fund cold storage plants
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AGRICULTURE Secretary Francisco Tiu Laurel Jr. on Friday said President Ferdinand Marcos Jr. will allocate an additional P1 billion for the development of more cold storage facilities nationwide, in support of the Kadiwa ng Pangulo program, especially for farmers planting high-value crops.

'We are currently assessing prices, but we anticipate constructing numerous facilities, assuming an average cost of P10 million each,' Tiu Laurel told reporters.A comprehensive cold storage system will reduce food waste and ensure efficient distribution, the agri chief explained, adding there are plans to build large-scale plants in Mindoro and the Cordillera Administrative Region as part of developing a larger food distribution network.

The Department of Agriculture's Agribusiness Marketing Assistance Service has partnered with a number of farmer and fisherfolk cooperatives to establish Kadiwa outlets across the country.This is to expand the scope of the Kadiwa program, which offers rice and other basic food items to the public at low prices.Tiu Laurel said, 'We are not going to establish Kadiwa just for selling, but also include a regional preservation and cold storage to create a buffer stock.

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Chief: P1B To Fund Cold Storage Plants

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