PANABO CITY, DAVAO DEL NORTE November 6, 2015 – turned-over 30 units of non-motorized fishing vessels funded under the Bottom-Up Budgeting (BUB) Approach last October 29 at the Baywalk, Cagangohan, Panabo City in time of the 3rd Binulig Festival.
The project aims to improve the socio-economic status of fisherfolks who have the highest poverty incidence in the different sectors of society. There are 515 registered fisherfolks in the four coastal barangays of the city. The project proponent (DA, BFAR & LGU) allocated Php 2.1 million to finance these 30 locally- made bancas, for the purchase of fishing gears establishment of 3 units of payao.
Meanwhile, Mayor James G. Gamao through his representative, Edgar Gerale said, “I am hoping you will take good care of these bancas. Let’s protect and conserve the seas so that the coming generations can inherit and enjoy its bounties.”
For his part, Hon. Renante Bangoy Chairman, Committee on Agriculture and Tourism said that: “At first, they did not believe the city could provide bancas. But through the city government and the BUB approach, their dreams of owning one became a reality. Also, a fish port and other facilities will soon be put up to provide more economic activity which is initiated by congressman Anton F. Lagdameo and the local government unit of Panabo.”