Bong Go lauds Senate approval of bill institutionalizing DTI’s SSF project

Acknowledging how the global health crisis has adversely affected Filipinos’ livelihood, Sen. Bong Go has been advocating for initiatives promoting economic growth and job creation in the country. It is for this reason that the senator pushes to institutionalize the Shared Service Facilities project under the Department of Trade and Industry.

On Monday, 22 May, the Senate approved the third and final reading of Senate Bill No. 2021. The proposed measure seeks to amend Republic Act No. 6977 or the Magna Carta for Small Enterprises as amended by RA 9501, otherwise known as the Magna Carta for Micro, Small, and Medium Enterprises.

“As a nation, we must recognize the immense potential and significance of these enterprises in driving our economy forward, creating jobs, and uplifting the lives of our people,” underscored Go.

“MSMEs form the backbone of our economy, comprising a significant portion of our business landscape. They are the engines of innovation, providing employment opportunities, and contributing to the overall socio-economic progress of our communities,” he added.

The proposed bill, which Go co-authored and co-sponsored, aims to improve the competitiveness of MSMEs by granting them access to shared facilities and services, technology, and skills training.

The SSF project, in cooperation with the Department of Science and Technology (DOST), local government units, and other private organizations, shall operate by establishing shared facilities in various locations across the country.

These facilities are made accessible to MSMEs from different industries, such as agri-processing, manufacturing, and services. The participating MSMEs can utilize the shared equipment, allowing them to upgrade their production capabilities without incurring substantial costs.

“SSFs shall play a pivotal role in enhancing productivity, efficiency, and product quality. Through shared access to modern machinery, advanced technology, and specialized training, our entrepreneurs can optimize their operations and improve their competitiveness. This, in turn, leads to increased production, higher revenue generation, and ultimately, the creation of more jobs for our people,” Go asserted.

“Ang trabaho natin bilang lingkod-bayan ay ang alalayan ang ating mga mamamayan, lalo na sa panahon ng krisis. Tulungan natin silang tulungan nila ang kanilang mga sarili sa pamamagitan ng mas pinabuti at mas pinalakas na mga programa ng gobyerno, katulad ng SSF,” he urged.

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