09 Nov

DTI to present plan for MSMEs

THE DEPARTMENT of Trade and Industry (DTI) is set to present the National Micro, Small and Medium Enterprise (MSME) Development Plan 2017-2022, which aims to further boost the competitiveness of local businesses.

Maria Belenda Q. Ambi, regional director of DTI XI, said yesterday in the weekly Kapehan sa Dabaw at SM City Davao Annex that the plan would still include enabling business environment, access to finance, access to market and productivity and efficiency.

The plan, she said, will be presented during the National MSME Summit at SMX Davao Convention Center in SM Lanang Premier on November 10-11.

“It will serve as a blueprint in pushing for MSME development,” Ambi said, as the is a result of their consultations with different stakeholders including other national government agencies and private sector.

The plan also includes the promotion of electronic commerce to easily market the products of the MSMEs through online.

Apart from presenting the plan, Ambi said the outcome of the 2011-2016 National MSME Development Plan would also be bared in the summit. In the region alone, it has gained fruitful results like providing shared service facilities and establishment of Negosyo Centers.

With the new administration, she said it is focusing to uplift particularly the micro enterprises, whose capitalization was only P3 million and below. To boost their capitalization, she said President Rodrigo Duterte also planned to provide access to financing for micro enterprises.

Meanwhile, the National MSME Summit would tackle topics such as promoting creativity and innovation, inclusive financing, solving poverty through agripreneurship, enhancing productivity and efficiency, accelerating green economic development in the Philippines, and other initiatives of government towards SME development.

The entrepreneurial ecosystem would also be discussed in the summit.

“The highlight of this event is the town hall session with President Duterte on Nov. 11,” Ambi said, where enterprises can get the chance to talk with him. (By Kristianne M. Fusilero)

Source: Mindanao Times

related posts