The Philippine Board of Investments, in cooperation with several industry stakeholders such as the Cold Chain Association of the Philippines and the Philippine Department of Agriculture, officially launched its Cold Chain Industry Roadmap on December 14, 2020.
The roadmap includes industry growth projections as well as investment, policy and regulatory actions to be targeted over the next two to five years.
“In the short term, the [cold chain] industry is targeting an increase [in capacity] of 10-15% annually, equivalent to 50,000 pallets per year,” said University of Asia and the Pacific Senior Agribusiness Specialist and consultant on the roadmap Florence Mojica-Sevilla during a presentation given on Facebook Live on December 13. The current storage capacity of the Philippine cold chain industry is 400,000 metric tons (or 500,000 pallets), according to the roadmap.
In addition, the roadmap outlines several “milestones” to be achieved in the 2020 to 2022 period. These include five investments in new cold storage facilities — two in the Philippine region of Luzon, one in Visayas, and two in Mindanao.
View the entire Facebook live presentation here.
On November 17, Raquel Echague, Officer in Charge-Director of Resource-Based Industries Service, for the Philippine Department of Trade and Industry, Board of Investments gave a presentation outlining the Cold Chain Industry Roadmap as well as incentives available for the industry during the ATMOsphere Asia 2020 online conference. (shecco, organizer of ATMOsphere Asia, is publisher of this website.)
View the entire presentation recording here.
Anthony Dizon, President of the Cold Chain Association of the Philippines, recommended investing in and supporting rural agriculture infrastructure in a recent webinar discussing the future of the Philippines’ cold chain last week.
Dizon offered a number of suggestions to address the industry’s current challenges including:
- Providing support for the “Balik Probinsya” program — a government initiative that aims to ease congestion in the capital city of Manila by encouraging residents to return to rural areas.
- Optimizing productivity of agricultural land.
- Propagating the use of mid-level urban farming technologies.
- Providing developmental financing access to private sector micro-enterprises.
- Restructuring agricultural communities into organized cooperatives to be able to qualify for supplying to the big businesses.
- Rationalizing the operation of the existing food supply chain facilities.
- Constructing additional infrastructure to support food security.
In addition, Dizon discussed the current situation in the Philippines regarding the recovery in food demand, the pressure on the warehousing and transport sectors, the adjustment in the production cycle, and the consumer budget realignment and prioritization on spending.
The webinar, titled “Supply Chain Trends, Resiliency & Recovery for the New Future” was held on June 23. It centered on the challenges and opportunities in the Philippine cold chain industry with new trends due to the COVID-19 pandemic.
It was organized by AEB, a supply chain logistics software provider, Honeywell Safety and Productivity Solutions, which provides supply chain management technology, and Prime Sales, a Philippines based provider of logistics and supply chain solutions.