A food terminal is set to rise on a five-hectare government property in Toril, Davao City.
The groundbreaking of the food terminal, or the Agri-Pinoy Trading Center (APTC) in Daliao, Toril, is scheduled on Sept. 28, according to city councilor Marissa S. Abella, chair of the City Council committee on agriculture and food in a report by Sun.Star Davao.
A memorandum of agreement was arranged between the city of Davao, represented by Mayor Rodrigo Duterte and the Department of Agriculture (DA). Under the agreement, DA will allocate P70 million for the construction of the APTC without requiring the city to provide financial counterpart.
As envisioned, the APTC will provide trading facilities between farmers and buyers, and reinvigorate the agriculture sector.
Abella said that the city will manage the terminals until it becomes self-sustaining.
The APTC will be part of the 25-hectare Davao Food Exchange Complex to be developed by the city government in the next two years at a cost of P200 million.