DA, DMW to help OFWs find agri investment opportunities

The Department of Agriculture (DA) signed an agreement with the Department of Migrant Workers (DMW) to help millions of overseas Filipino workers find new job opportunities in the country, especially in agriculture and agribusiness.

Agriculture Secretary Francisco P. Tiu Laurel, Jr. stated that the DA and its attached bureaus and agencies are fully committed to promoting programs, projects, and activities that cultivate prospective agripreneurs. 

They pledged to provide technical assistance, agri-loans and credit services, agribusiness training, market linkage, and information materials. 

These efforts will be coordinated with those of the DMW to ensure the successful implementation of the initiative.

About one-tenth of Filipinos live and work overseas, sending tens of billions in foreign exchange back home, which supports consumer spending and fuels economic activity. 

Many of these overseas workers endure the loneliness of being away from their families and friends. 

They long for better-paying jobs or opportunities to invest in businesses in the Philippines to be with their loved ones and secure a better future for them.

“We strive to honor the sacrifices and hard work of our OFWs by providing them with viable job opportunities in the country. Ultimately, we hope to see our OFWs prosper in Philippine agriculture and agribusiness,” Tiu Laurel said.