DA chief: P1B to fund cold storage plants

By Janine Alexis Miguel

Oct 12, 2024 12:21 am

AGRICULTURE Secretary Francisco Tiu Laurel Jr. on Friday said President Ferdinand Marcos Jr. will allocate an additional P1 billion for the development of more cold storage facilities nationwide, in support of the Kadiwa ng Pangulo program, especially for farmers planting high-value crops.

'We are currently assessing prices, but we anticipate constructing numerous [cold storage] facilities, assuming an average cost of P10 million each,' Tiu Laurel told reporters.

Department of Agriculture Secretary Francisco Tiu Laurel Jr. says a modern farm sector would be attractive to investors and a career option for the new generation. PHOTO FROM THE DEPARTMENT OF AGRICULTURE

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