More Agri-infra, Enterprises Seen for Pangasinan

By September 10, 2016Governance, News

CAPITOL NEWS

THE Sangguniang Panlalawigan has given the go signal for Governor Amado “Pogi” I. Espino, III to jumpstart processing implementation of the Philippine Rural Development Project (PRDP) in the province

This was done in a session at the SP Session Hall, Capitol Compound last September 5.

Through PRDP’s two subprojects Investment for Rural Enterprises for Agricultural, Livestock and Fisheries Productivity (I-REAP) and Investments for Building-Up of Infrastructures and Logistics for Development (I-BUILD), Pangasinan will soon see an influx of small livelihood projects (SLP) and the rise of infrastructures boosting the agriculture sector.

Edict-sponsor Board Member Liberato Villegas of the fourth district wrote that this affirms the province’s participation in the project to finance small livelihood and regular enterprise development initiatives.

Dalisay Moya, Office of the Provincial Agriculturist-in-Charge, who appeared in the session for DA, said that funding for I-REAP SLPs are divided among the International Bank for Reconstruction and Development-World Bank (IBRD-WB), 60 percent; the national government, 20 percent; and the local government unit, 20 percent.

Proponent multi-purpose cooperatives and groups of the SLPs are also committed to fork 20 percent of the total cost.

She said that Pangasinan has qualified for the I-REAP endowment for SLPs because of its inclusion in the badly hit provinces of the Typhoon Lando October last year.

Moya said that I-BUILD will be funded as follows: IBRD-WB will shoulder 80 percent while both the national and local government unit will give 10 percent each. /RMCL

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