Philippines launches US$586,064 corn centre
The National Food Authority (NFA) will inaugurate on October 6 a PHP25.57-million (US$586,064) corn-processing centre in Echague, Isabela.
The corn-processing centre is expected to benefit more than 6,000 corn farmers and traders in Echague and nearby municipalities in Isabela.
NFA administrator Angelito T. Banayo, who will lead the inauguration rites, said the corn centre was part of the Grains Highway Program of the food agency.
This is aimed at improving the economic plight of the marginalised farmers by raising their income. Through this modern facility, farmers are expected to get more from their investments because of reduced post-harvest losses and high quality of corn produced.
The corn centre was funded partly by the Corn Development Fund (CDF) and NFA counterpart fund of PHP15.57 million.
Located at the NFA-Northern Philippines Grains Complex in Echague, the centre will be capable of processing 150 tonnes of fresh corn on cobs per day.
The centre will also serve as a one-stop shop where farmers can deliver newly harvested corn and have it processed into high quality grains. The farmers will have the option to sell their produce to NFA or to the private sector.