“Gov’t to promote foreign investments in agriculture sector” by MELODY M. AGUIBA
The government may take a strong policy of aggressively promoting foreign investments even as it is set to hold in February a long-term visioning to make agriculture a top investment priority until year 2025.
The Congressional Oversight Committee on Agriculture and Fisheries Modernization (COCAFM) and the Department of Agriculture (DA) are set to host on Feb. 10 and 11 a planning session called “Agriculture and Fisheries 2025: Shared Vision, Shared Journey.”
This aims to make the sector a vehicle toward economic growth.
“It’s a golden opportunity to discuss where we want to be in 15 years. We’ll be bringing 100 plus of key players in agriculture — 60 percent from the private sector, 30 from the government, and 10 percent from the academe,” said Sen. Francis N. Pangilinan in a press briefing.
Stressing that “no developed country has become a first world country without developing its agriculture sector,” Pangilinan said the government should try “new approaches” in order to solve the country’s food security problems.