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PIA Press Release
Tuesday, January 10, 2012

 

DTI-Davao’s export program generates $53.92-M in 2011

DAVAO CITY, Jan. 10 --The Export Pathways Program (EPP) of the Department of Trade and Industry (DTI) 11 generated US$53.92 million in export sales in 2011.

Based on the preliminary annual report of DTI 11, the said export sales is 54 percent higher compared to last year’s EPP performance. This is even higher by 67 percent of the agency’s annual target.

The EPP is DTI’s banner program for export development, wherein entrepreneurs are being nurtured and given the appropriate and tailor-fit package of assistance for them to penetrate the international trading arena and sustain their export activities. This package of assistance includes export mentoring, product development consultancy, and market intelligence, among others.

Since it started in 2006, the program has already served more than 300 exporters in the region.

Top exports cited in the 2011 EPP report included banana, which contributed 52 percent of the total figure; coconut at 32 percent; construction materials of the Nakayama Technology Corporation in Digos City at nine percent; and other sectors (wood and furniture, gifts, toys, and housewares, fresh and processed fruits, and processed food) at seven percent.

EPP’s innovative and emerging products such as cacao/tablea, coco coir/peat, virgin coconut oil (VCO), coco syrup, granulated charcoal, and Cavendish banana from the small-scale producers generated much of the trade transactions.

Apart from its export performance, the EPP also reaped other impressive accomplishments like generating P509.87 million worth of domestic sales, infusing P146.80 million of investments, and providing 3,210 jobs.

DTI 11 Regional Director Marizon S. Loreto said DTI 11 is determined to sustain these major accomplishments and will even implement some more innovative strategies in order to meet its goal of unleashing the region’s full economic potential.

First pilot-tested in Davao, the EPP is now implemented in all exporting regions of the country.

“It is our constant quest to continuously provide a conducive environment for business to keep on flourishing in the region and of course without sacrificing the welfare of consumers,” she said. (DTI 11/JenMendoza)

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