A Japanese firm has expressed its intent to establish organic agriculture and aquamarine industry in the province of Iloilo.
Representatives of Global Trade Venture Co., Ltd. (GTVCL) and Mayor Roquito G. Tacsagon met with Gov. Arthur Defensor Jr. on October 16, 2021 to present the firm’s proposed Aquamarine and Agricultural Concession Project with the Municipality of Tubungan and other local government units in the province of Iloilo.
GTVCL is a working arm of the Tokushima Auction Market owned and operated by the Japanese government. Tokushima Auction Market & GTV aims to establish organic agriculture and aquamarine industry in the Philippines to maximize underproductive farmlands and fishing grounds.
The joint venture project has the following components: high-tech satellite communications system; warehousing facilities; exclusive air-cargo hub center complete with facilities; organic feed plant; manufacturing and packaging facilities; and other logistical support and requirements.
Technical support to LGUs will also be provided such as the establishment of training institutes for organic farming and aquamarine to boost manpower capacity and farm inputs.
The firm also assures market for agriculture and aquamarine products in Japan and other countries.
Mayor Tacsagon said the project gives LGUs in the province an opportunity to recover from the adverse effects of the COVID-19 pandemic as well as establish a production processing and marketing scheme that will ensure a sustainable income for Ilonggos.
Tacsagon was accompanied by Vice Mayor Leo Cezar T. Taypen, Sangguniang Bayan members, and department heads of Tubungan. (Capitol news)