Two Mindanao municipalities, both assisted by the Mindanao Development Authority (MinDA), will assume corporate personalities by investing in projects which would help their constituents and generate income at the same time.
The towns of Taraka, Lanao del Sur and Baungon, Bukidnon will serve as the trailblazers in exercising the corporate powers of local government units as defined in Section 22 of the Local Government Code of the Philippines.
Section 22 of the Local Government Code empowers the LGUs to operate as a corporate entity and undertake income-generating projects while serving the needs of their constituents.
Taraka, Lanao del Sur, a 4th-class municipality in Lanao del Sur, has availed of a P215-M loan from the Development Bank of the Philippines to finance the establishment of a Solar-Powered Water Supply System, 6 units of Solar-Powered Irrigation System and infrastructure machinery.
Baungon, Bukidnon, on the other hand, plans to establish a Corn Grains Silo System which would serve as a storage and depository facility for the town’s corn farmers to protect them from the manipulation of prices at peak harvest season.
Taraka has already started the bidding process for the construction of the Water System which would serve the town’s residents who have relied on the Taraka River for their water needs, the Solar-Powered irrigation System which would irrigate about 1,000 hectares and the machinery which would build roads and other infrastructure needs of the town.
Baungon will conduct a public consultation on Oct. 15 on its plan to embrace the proposal of MinDA for the establishment of a Corn Grains Silo System and the purchase of farm equipment like tractors and harvesters.
Both projects will be managed by an Economic Enterprise Office which MinDA will help organize and supervise.
Taraka’s Economic Enterprise Office will operate and manage the Water System, Solar-Powered Irrigation and the farm machinery. Fees will be collected which will be used in paying back the loan granted by DBP and guaranteed by its Internal Revenue Allocation.
Baungon’s Economic Enterprise Office will establish and operate the COGSS Facility which will provide farmers with loans for seeds, fertilizer, farm inputs, tractors and harvesters, and serve as depository of the farmers’ corn during peak harvest season to protect them from price manipulation.
Baungon’s Economic Enterprise Office is planned to generate income from all the activities, including the collection of drying and storage fees from the Corn Grains Silo System designed to store about 20-million kilos of corn every harvest.
In both towns, MinDA will undertake geo-mapping and establish a digital database which will include the profiles of all beneficiaries of the projects.
MinDA is pushing the Spirit of Self-Reliance for Mindanao’s local government units so that they will not be dependent on largesse and grants from the national government to pursue their local programs.
The Taraka and Baungon Economic Enterprise Projects will serve as a model and a template for other local government units in Mindanao.
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