- A group of Korean companies is planning to set up a farm equipment and machineries assembly plant in Batangas
- The assembly plant will later be converted to a manufacturing facility
- A training center would be established to upgrade the technical skills of Filipino farmers
A group of at least 30 Korean companies is planning to put up a farm equipment and machineries assembly plant next year, according to the Department of Agriculture (DA).
In a Facebook post, Agriculture Secretary Manny Piñol said tractors, harvesters, planters and accessories would be produced in the planned assembly plant that will be located in a town in Batangas.
Shin-gil Kim, President of the Korean Agricultural Machinery Industry Cooperative (KAMICO), other KAMICO representatives and DA officials will meet with Batangas Governor Hermilando Mandanas to finalize the site of the assembly plant.
Kim said the assembly plant, which will later be converted into a manufacturing facility, is expected to be operational by late 2019.
“Our intention is to manufacture the machinery and equipment here,” Sec. Piñol quoted the Korean businessman as saying.
A portion of the 50-hectare plant will be used as a Demo Farm where the assembled farm equipment and machineries would be tested. A training center would also be constructed to help upgrade the technical skills of Filipino farmers.
Sec. Piñol said the Korean businessmen decided to establish the assembly and manufacturing plant in the country because of the government’s aggressive mechanization program that aims to boost farm productivity.
The assembly plant is expected to employ young Filipino mechanical engineers and other skilled workers.