Monday, January 20, 2014

DTI-Davao banners 2013 milestones for MSME development

DAVAO CITY, Jan. 20 – The Department of Trade and Industry (DTI) in Davao Region has bannered some milestones on micro, small and medium enterprise (MSME) development it has achieved in 2013.

In its annual report, the agency has identified major accomplishments that have helped bolster the status of local MSMEs.
DTI-Davao Region Officer-in-Charge Ma. Belenda Q. Ambi said various initiatives implemented by DTI with its partners last year yielded good results that made the agency hit its annual targets.

In the generation of domestic sales for the assisted MSMEs, DTI-Davao Region has reaped a total of P942.78 million or 18 percent above its annual target of P800 million.

The products that generated much of the domestic transactions include fresh and processed fruits such as banana, durian, mango, pineapple, and coconut; processed fish (tuna and pangasius); processed meat and vegetables; juice and beverages; handcrafted products; beauty and health; jewelry; and wood products.

Ambi revealed that the major initiatives that contributed to the increased domestic sales are the conduct of and participation in local and international trade fairs, and market facilitation.

Among the new products that showed promising potential in the domestic and export markets are chili powder, chili sauce, and chili paste produced by MSMEs in the Super Typhoon Pablo-affected areas of Davao Oriental.

“Though affected by Super Typhoon Pablo in 2012, these powdered chili makers have proven that we can really rise above the challenges,” Ambi said.

In the International Food Expo (IFEX) conducted in Manila last May 16-19, Davao Region had 23 participating MSMEs, generating total sales of P15.4 million.

Meanwhile, in the Manila FAME, another trade fair which is being spearheaded by DTI’s Center for International Trade Expositions and Missions (CITEM), the Davao Region MSMEs generated US$30,000 in total sales.

The Tindahang Pinoy, a ‘pasalubong center that showcases Davao Region’s authentic and sustainable products, on the other hand, reaped a total sales of P1.534 million from the 26 store locators. 

To aid the local MSMEs further, DTI-Davao Region has also launched and established 34 shared service facilities (SSF) as of December last year.

The said 34 projects have a total project cost of P9.253 million, assisting 930 MSMEs and generating 1,845 jobs.
“The SSF, being an intervention that provides the needed equipment and facilities for MSMEs who are not yet capable to buy their own, is actually geared towards helping them improve their productivity so that they can increase their sales or income, Ambi said.

However, she added that since it is a shared facility, it must always be noted that MSMEs who need the same kind of facility granted to one association or organization can actually use it as well.

Ambi said this year, DTI-Davao Region will continue to implement programs, projects, and activities that will further improve the local MSMEs.

“We will continue to look for innovative and tailor-fit interventions for them,” she said. (DTI-11/JenMendoza)

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