First Gen Corp. , a Lopez-led entity teams up with the Department of Science and Technology (DOST), to jointly pursue and fund projects for marginalized farmers and fisherfolks.
Specifically, First Gen Corp. in tandem with the Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development (PCAARRD) to jointly explore and support agribusiness technologies and projects that will improve the livelihood of small farmers and fisherfolks.
With the guidance of a memorandum of understanding (MOU), the private-public sector partnership is ”. . . committed to identify and agree on priority projects and activities related to agri-aqua production, harvesting and post-harvesting systems for the benefit of small holder farmers and fisherfolks. Also, obliges both parties to allocate and release funds to support the objectives of the MOU and collaborate in the implementation of the priority activities.” The private agency (First Gen Corp. said that beneficiaries of the partnership projects would be its host communities.
Meanwhile, PCAARRD representing the public and/or government sector shall formulate, plan, and program for science and technology-based research and development. The Council, an R /D agency of the DOST, shall spearhead , technology transfer initiatives in the agriculture, aquaculture, and natural resources sector.
The First Gen Corp., a subsidiary of the Philippine Holdings Corp., one of the oldest and largest conglomerates with a strong environmental advocacy.
MY COMMENT:
The First Gen Corp., deserves recognition for believing in science, specifically on Research and Development (R/D), its role in agriculture, aquaculture, and natural resources-based projects. Being founded on science academically, I cannot forget one Japanese successful business group’s hashtag “RESEARCH MAKES A DIFFERENCE” – key to the success of the said business giant as it contribute immensely to Japan’s being an economically A-1 country in the world. The Philippines has very good scientists in most fields of specialization – both the private and public sectors
Have to do is believe in them, US!
ooo000ooo
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