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Sun.Star Cagayan de Oro - - Business -

A FAB­RI­CA­TION lab­o­ra­tory for mi­cro, small and medium en­ter­prises (MSME) is eyed by the Depart­ment of Trade and In­dus­try (DTI) Davao Re­gion by the third quar­ter of 2018.

The lab­o­ra­tory is tar­geted to be housed at the Univer­sity of South­east­ern Philip­pines (Usep). DTI Davao Re­gion Chief Trade and In­dus­try De­vel­op­ment Spe­cial­ist Rachel Remi­tio said this is the only shared ser­vice fa­cil­ity (SSF) for 2018 yet but they are hop­ing for ad­di­tional funds for other projects in the pipe­line.

A to­tal of P7 to P10 mil­lion will be al­lot­ted for this lab­o­ra­tory and it will be of help for the pro­duc­tion of pro­to­types of prod­ucts for MSMEs. The lab­o­ra­tory will house high­tech ma­chines and laser print­ers among others.

Tak­ing into con­sid­er­a­tion the pro­cure­ment process for this amount and the de­liv­ery time­line from sup­pli­ers, the tar­get pro­cure­ment time would be by third quar­ter of the year.

“Other projects in the pipe­line are the shoe mak­ing fa­cil­ity and other food pro­cess­ing fa­cil­i­ties,” Remi­tio said.

In DTI web­site, SSF project are the ma­jor com­po­nent of the MSME De­vel­op­ment project. It has the ob­jec­tive of im­prov­ing the com­pet­i­tive­ness of MSMEs by pro­vid­ing them ma­chin­ery, equip­ment, tools, sys­tems, skills, and knowl­edge un­der a shared sys­tem.

Last year, Se­nate Com­mit­tee Chair on Fi­nance Se­na­tor Loren Le­garda, who is the prin­ci­pal spon­sor and au­thor of Repub­lic Act No. 9501 also known as the Magna Carta for MSMEs, in­creased fund­ing sup­port for the Shared Ser­vice Fa­cil­ity (SSF) pro­gram to P1 bil­lion na­tion­wide. This amount, she said, would en­hance the pro­duc­tiv­ity and com­pet­i­tive­ness of MSMEs in the coun­try.

From this amount P200 mil­lion will be al­lot­ted for the State Uni­ver­si­ties and Col­leges (SUCs) that im­ple­ment liveli­hood ini­tia­tives, P100 mil­lion for Schools of Liv­ing Tra­di­tions (SLTs), and P50 for the MSMEs af­fected by the Marawi Siege. SunS­tar Philip­pines

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