DA, KAMICO, Cabanatuan City sign MOU for first agri machinery complex

Agriculture Secretary Francisco Tiu Laurel Jr., Korea Agricultural Machinery Industry Cooperative (KAMICO) chairman Shin Gil Kim and Cabanatuan City Mayor Myca Elizabeth Vergara signed yesterday a memorandum of understanding (MOU) to establish the Korea Agricultural Machinery Industry Complex, the first local agricultural machinery manufacturing cluster.

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The project will enhance agricultural mechanization across the country and help improve productivity and food security.

The MOU builds on a previous agreement witnessed by President Marcos on June 6, 2023, which focused on promoting agricultural mechanization through the establishment of a local machinery manufacturing cluster. Key components of this partnership include the creation of an assembly production line, research and development in agricultural machinery technology, workforce training and provision of Official Development Assistance.