October 20, 2022 | 11:08 AM
Davao City, Davao, Philippines

Residents of gold-rich Davao de Oro are now encouraged to go into poultry raising to benefit from the soon-to-be-built dressing plant in the municipality of Monkayo.
Lawyer Lucky Siegfred M. Balleque, provincial director of the Department of Trade and Industry-Davao de Oro, said poultry raisers in the province will benefit from the dressing plant, which recently hold a groundbreaking.

He said poultry raisers in the said province dress their chicken in Davao City, which adds cost to their production considering the distance.
“We recently ground break the multimillion poultry dressing plant and we will be highlighting that because we want to encourage the residents of Davao de Oro to go into poultry raising dahil malapit na ang ating dressing plant. The dressing plant in Monkayo is still to be constructed but we are preparing already the constituents and the people of Davao de Oro because this is a very good opportunity for them to do poultry raising” Balleque said during Wednesdays Habi at Kape at Abreeza Mall.
The groundbreaking for the very first poultry dressing plant in Davao de Oro located in Brgy. Inambat, Monkayo was held last month.

The poultry raising sector is also among the highlights of the upcoming Davao de Oro Investment Conference 2022 (DDOiCON) along with the industries of logistics and transportation and coconut on October 25 to 26, 2022 at the Montevista Sports Complex.

Balleque said the conference will feature the coconut industry in line with the implementation of the Coconut Farmers and Industry Development Plan (CFIDP), which was approved by former President Rodrigo R. Duterte by signing the Executive Order (EO) 172, Series of 2022, on June 2, 2022, that will pave the way for the use of the P75 billion ($1.4) fund to rehabilitate the coconut industry.
“Aside from the coconut, we will be highlighting the transport and logistic sector because when we talk of the value chain, transport and logistics are very important components because we cannot move our products to the buyers,” he said.

From conducting a hybrid investment conference last year, this year’s DDOiCON will be held face-to-face and is targeting to generate P500 million worth of investment leads, assist 60 investors, and record P200 million in domestic sales. In addition, 150 coconut players are expected to attend and assist 250 micro, small and medium enterprises (MSMEs).

DDOiCON will highlight plenary sessions covering various topics on the featured industries, an investment/market matching event, and a product showcase on the first day. An industry tour, on the other hand, will be conducted on the second day of the conference.
This year’s conference carries the theme, “Building Quality, Resilient Investments in the Digital Economy: A Post-Pandemic Investment Strategy.”


source: Edge Davao | Maya Pardillo