Republic of the Philippines

Public-Private Partnership Center

Joint Venture Agreement for the Establishment, Operation and Maintenance of the Agriculture Innovation and Technology Center and Incubator Farm

Project Brief
Implementing Agency

Provincial Government of Bataan

Project Description

The project aims to enable a large number of farmers to increase productivity, profits and to leapfrog into modern, innovative agriculture by providing agronomy and business outsourcing to farmers, facilitating financing and crop insurance to farmers, establishing on-farm working commercial demonstration sites to assist farmers in adopting technologies and investing in inputs, and assisting farmers in obtaining financing for buying agriculture inputs that are necessary to grow their crops.

Project Cost

Php 60 Million

Procurement Mode

Unsolicited

PPP Structure

Joint Venture (JV) Agreement

Cooperation Period

10 years

Region

  • REGION III - CENTRAL LUZON

Sector

Agriculture/Food Security

Private Proponent

Agrilever (HK) ltd.

Status

Operational