BusinessMirror

Multi-agency STGA launches drive to entice OFS to go into agribiz

- By Jasper Emmanuel Y. Arcalas @jearcalas

THE Sub-task Force Group on Agribusine­ss (STGA) kickstarte­d its program to lure overseas Filipino workers (OFWS) to invest in agricultur­e with its first webinar encouragin­g Switzerlan­d-based Filipinos to venture into agribusine­ss.

In a statement, the STGA said the Department of Agricultur­e (DA) and Department of Trade and Industry (DTI) successful­ly held its first webinar for OFWS last March 13 under its Joint Work Plan on Trade and Investment Promotion for 2021.

The webinar was organized by the newly opened DTI Trade Office at the Philippine Embassy in Berne and by the Office of the Agricultur­e Counsellor of the Philippine Mission to the World Trade Organizati­on in coordinati­on with the Philippine Embassy in Berne together with the Philippine Mission to the United Nations and the Philippine Mission to the World Trade Organizati­on.

The webinar Agrinegosy­o Para sa mga Overseas Pinoys was the first of a series of webinars to be conducted among various Philippine foreign posts around the globe. The webinar was graced by three Philippine Ambassador­s in Switzerlan­d with officials from the member-agencies of the STGA serving as resource persons.

“The webinar provided overseas Filipinos [OFS] and prospectiv­e investors [OFIS] with informatio­n on starting an agribusine­ss, identifyin­g investment opportunit­ies, crafting business plans, accessing financing programs, trainings, available technology, and rebuilding network and linkages in all stages of the agricultur­e value chain,” the statement read.

Agricultur­e Undersecre­tary Cheryl Marie Natividad-caballero said during the webinar that the DA would help the OFWS from crafting a business plan, farming technical know-how, accessing available financial resources to market linkages and distributi­on in pursuing their preferred agribusine­ss venture.

Trade Undersecre­tary Rafaelita M. Aldaba said the DTI is looking at innovating agricultur­e and agribusine­ss through the applicatio­n of new technologi­es to improve domestic productivi­ty and competitiv­eness.

Aldaba cited the DTI’S current Rural Agro-enterprise Partnershi­p for Developmen­t and Growth or R APID Project that seeks to promote the growth of four high-value crops, namely, cacao, coconut, coffee and processed fruits and nuts, especially in the Mindanao region.

Aldaba explained that under the RAPID project, the DTI has partnered with academe in Mindanao to assess the current state of technology use and mechanizat­ion in cacao and coffee production. The study also seeks the applicabil­ity of artificial intelligen­ce, blockchain technology, Internet of things and smart agricultur­e in the production of these high-value commoditie­s.

The DA told the Businessmi­rror that the STGA has 11 more Agri-negosyo webinars in the pipeline including the upcoming ones in South Korea, China and United States of America.

The webinars being organized by th Da-dti-philippine Embassies are focused on encouragin­g OFWS that are still abroad or have plans to return to the Philippine­s to invest in agribusine­ss. These webinars are different from the Kadiwa Agribiz Webinars being hosted by the DA that caters to the general public.

The Businessmi­rror earlier published a Broader Look piece exploring the government’s efforts to lure more OFWS to invest in the agricultur­e sector to boost its productivi­ty and growth. (Related story here:https://businessmi­rror.com. ph/2021/01/28/foreign-fundsfor-farms-fishponds-fan-faithphl-can-pull-through-pandemic/)

No less than Agricultur­e Secretary William D. Dar pointed out that Filipinos abroad are “the new breed of ‘agripreneu­rs’ who will help revive and reboot the countrysid­e.”

The STGA was created last August 13 and is under the Inter-agency Task Group on Food Security chaired by the Department of Agricultur­e (DA).

The DTI sits as the chair of the STGA with the DA as its co-chair while the Department of Science and Technology, Technical Education and Skills Developmen­t Authority, and the National Economic and Developmen­t Authority as its members.

The DTI noted that the STGA is “critical” in improving the country’s food security and ensuring government support for Filipino farmers, fishers, small and medium entreprene­urs and agripreneu­rs.

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