Monday, August 17, 2015

Aris: Investors bullish on corporate farming


By JUNE S. BLANCO
August 16, 2015

REP. Erico Aristotle Aumentado’s (Bohol, 2nd District) exploration for still another livelihood scheme for farmers is nearing realization.

This after two investors he met expressed willingness to venture into corporate farming.


The solon said the investors will conduct a feasibility study in order to draw the best scheme to implement the program.


The study will also draw the criteria qualifying farmers for the program.

Under the scheme, the investors will spend for everything needed to plant palay – the farmers do not spend anything at all.


On top of that, Aumentado said the investors will pay at least the minimum wage to the farmers for the land preparation and rice planting, weeding and fertilization as well as pay rent for the use of their lands.


He added that the investors will assume the risks brought on by typhoons, drought, pest infestations and the like.


On top of that, participating farmers will also be enrolled with the Social Security System (SSS) so that after years of work while in their prime, they can have support to tide them over during their sunset years.


The investors admitted that they chose to partner with the solon for this venture after knowing fully the brand of leadership the Aumentados have. --- END


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