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PhilMech launches rice mechanization component of RCEF

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MANILA — The Philippine Center for Postharvest Development and Mechanization (PHilMech) formally launched on Tuesday its Rice Mechanization Component, under the Rice Competitiveness Enhancement Fund (RCEF), to improve rice production in the country.

MANILA — The Philippine Center for Postharvest Development and Mechanization (PHilMech) formally launched on Tuesday its Rice Mechanization Component, under the Rice Competitiveness Enhancement Fund (RCEF), to improve rice production in the country.

The launching was held during the agency’s 41st anniversary held at the Central Luzon State University (CLSU) Compound in Muoz, Nueva Ecija.

Rice mechanization is one of the components of Republic Act No. 11203 or the Rice Tariffication Law. It stipulates the creation of the RCEF that would be funded from rice tariffs collections, with PHP10 billion allocated annually from 2019 to 2024 or a period of six years.

 

See full article at Philippine News Agency

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