• The Financial District

1.5B DAIRY PROJECT UP

The Department of Agriculture (DA) is implementing a four-year P1.56-billion (B) “intensified community-based dairy enterprise development” project, using the accumulated commodity loan proceeds under the United States Agricultural Trade Development and Assistance Act or Public Law 480 (US PL480) Title 1 program.

The project was originally approved in 2018 by the US Department of Agriculture (USDA) to provide livelihood opportunities to rural farm families through goat raising.


Upon the instruction of Agriculture Secretary William Dar, the DA’s Philippine Council for Agriculture and Fisheries (PCAF) revised and expanded the project to include dairy cattle and carabao, and sought the approval of USDA.


“We sincerely thank the USDA, represented in the Philippines by Agricultural Counselor Morgan Haas, for favorably concurring with our revised project, that will boost the country’s livestock population, and subsequently increase the production of fresh milk, and provide more incomes to farm families in the coming years,” the DA chief said.


“In addition to dairy goat, cattle and carabao production, the project includes infrastructure development, technology transfer, and other initiatives to ensure increased fresh milk production in the next four years, starting this year,”  Dar said.


Under the project, the P1.56-B budget will be apportioned to three DA agencies: P987 million (M) for the National Dairy Authority for dairy cattle; P512M for the Philippine Carabao Center; and P67M for PCAF, for project monitoring and evaluation.


Register for Newsletter

  • LinkedIn
  • Instagram
  • YouTube

WHERE BUSINESS CLICKS

@2020 by The Financial District