Local, Jap firms partner for post-harvest facility

A LOCAL agricultural firm has partnered with a Japanese manufacturing company in setting up a post-harvest facility in the city, a top official of Davao City Investment Promotion Center (DCIPC) bared.

 DCIPC chief Lemuel G. Ortonio said the local firm, Yovel Enterprises, is partnering with with a food ingredients manufacturing company based in Japan. Both firms signed the memorandum of understanding during the trade mission led by the city government in Japan this month.

 He said the companies signed a pact to have business venture to set up post-harvest facility to make puree vegetables and fruits. Prior to the establishment of the project, he said a feasibility study would be conducted.

 The Japanese firm, he said, already visited the city for several times now.

 “This new investment will be a welcome addition to the value chain in our agricultural industry. We want more of these so that we can process our agricultural commodities to finished consumer goods other than fresh produce,” Ortonio said.

 Recently, the city government in partnership with the private sector delegates staged Tokyo-Davao City Business Forum on Oct. 19 at Philippine Trade and Investment Center Office in Tokyo, Japan. It gathered 40 business officials that represent companies and tourism organizations in Tokyo.

 “The city government of Davao hopes that the forum will open doors of opportunities for exchange and strengthen our ties with the Japanese business and tourism communities,” City administrator Zuleika T. Lopez said in a statement.

 The Tokyo-Davao City business forum was co-organized by the Philippine Embassy, Philippine Trade and Investment Center, and Department of Tourism in Tokyo.

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