Local rice mill to get nearly P3-M boost in funding from DOST
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NewsTranscript
00:00The Department of Science and Technology or DOST boosts the Alegre rice and corn dealer and rice
00:05mill in Zamboanga, Cebuguay that will enable local businesses to better meet the needs of
00:10their customers and help improve the region's economy. Philippine Information Agency Zamboanga,
00:16Cebuguay, Jocelyn Alvarez has the full report. In Zamboanga, Cebuguay, a local rice mill is
00:23set to level up its operations with nearly 3 million pesos boost from the Department of
00:28Science and Technology. This funding will not only enhance production capacity but also help
00:34meet the growing market demands. The financial assistance is part of the Small Enterprise
00:40Technology Upgrading Program or SETUP of the DOST. With this fund, the Alegre rice and corn
00:47dealer and rice mill will be able to purchase a modern 12-ton rice drying system that will increase
00:53their drying capacity from 90 to 120 bags per load. As a result, their productivity is expected
01:01to rise by 30 percent. The upgraded technology made possible through science, technology,
01:07and innovation will enable local businesses to improve productivity. With the mechanical dryer
01:13equipment, the firm can better meet the palay drying needs of their customers, not only during
01:19the dry season but also during the rainy season. This upgrade will not only increase production
01:25capacity but will also create new jobs in their local community, helping to boost the region's
01:31economy.
02:02Through its SETUP program, the DOST continues to empower local businesses, helping them enhance
02:09their technology, increase production capacity, and contribute to the economic growth of their
02:14communities. This is just one example of how innovation is fueling progress across the region.
02:21From Philippine Information Agency's Zambuanga Sibugay, Jocelyn Alvarez for Balitang Pambansa.