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The Japanese government is firming up support for the Philippine agriculture sector amid persistently high inflation with the Japan International Cooperation Agency (Jica) and the Department of Agriculture (DA) gearing up to pilot food value chain (FVC) models in Benguet, Quezon province and Metro Manila.
Jica and the DA on Friday signed documents on technical cooperation for the “Project for Market-Driven Enhancement of Vegetable Value Chain (MV2C),” representing a green light for the initiative that entered the planning stage earlier this year.
The two agencies first signed in October 2021 a “records of discussion” on the MV2C, which is intended to help tame food price fluctuations due to oversupply, undersupply, inefficient distribution system and high post-harvest losses.
Beyond addressing consumers’ problems about food prices, the project is aimed at helping vegetable farmers earn higher income, more job opportunities and eased social disparities.
