TUGUEGARAO CITY, Cagayan – The 16th Padday na Lima Regional Trade and Investment Fair of the Department of Trade and Industry in Region 2 (Cagayan Valley) from Nov. 25 to Dec. 1 earned over P4 million.
The trade fair was held in a popular mall here and online through the Padday na Lima webshop powered by Deliver-E.
Towards the vision of making the region's products stand out in the domestic and global arenas, the DTI-Region 2 introduced an upgraded version of this annual fair with expanded trade show components tagged as the first-ever All-in edition.
The week-long event featured investment opportunities, new product innovations, pre-processed institutionally packed products, PNS-certified products, research and development outputs, and the new and improved products of Cagayan Valley that have undergone development through the different programs of DTI.
The first-ever Special Buyers' Invitation Program was implemented to support the region's positioning as a significant institutional supplier by bringing together major industry players from Metro Manila and other nearby areas to assist Micro, Small, and Medium Enterprises (MSMEs) in selling their products and identifying potential business partners.
One-hundred seven MSME exhibitors and farmers from all over the region participated and earned a total of P4,433,042 for booked and cash sales, including proceeds from the Padday na Lima Webshop.
Earnings are expected to increase with additional sales still under negotiation in the Special Buyers' Invitation Program or the Business-to-Business Matching component of the fair.
JBM Food Products from Isabela and the Quezon Vizcaya Furniture Industry Association from the province of Nueva Vizcaya recorded the highest total sales in the food and non-food sectors, respectively.
Padday na Lima is an Ybanag term that means made by hands or hand-crafted.