Cebu to launch SSF before end-2013

CEBU, Philippines - Following the recent launch of two shared service facilities (SSF) in Bohol and Siquijor, Cebu province will also have the same facility before yearend.

The SSF project was developed with the government’s thrust to augment the production volume and improve the quality of products manufactured by the micro, small and medium enterprises (MSMEs) in Central Visayas.

DTI Provincial Director Nelia Navarro said that the SSF project is aimed at improving the quality productivity of microenterprises by addressing the gaps and bottlenecks in the value chain of priority industry clusters through the provision of processing machines, equipment and tools for the common use of identified beneficiaries.

She added that it further enhances the competitiveness of these clusters through the use of quality-enhancing machinery and develops market-driven industries in support to the National Industry Cluster Capacity Enhancement Project.

“The SSF project will help address the gap in production for these industries that require higher productivity levels but are actually deprived of the necessary equipment, technology and facility that they need,” she said.

The national government has approved a budget of P29.584 million for the SSF project that could benefit small-scale businesses and cooperatives and generate added employment opportunities in Region VII.

Navarro further revealed that the biggest chunk of this funding will be allocated for Cebu as it serves as the center for trade and commerce in Central Visayas given the various industries and markets present in the province. /JOB (FREEMAN)