00:00With increased and expanded mechanization of the agricultural process from land prepping, seed sawing, harvesting, storage and distribution, expect farmer earnings to take a huge leap and their quality of life to greatly improve.
00:14A South Korean company dealing in various types of farm machinery is helping the country move toward such end when it broke ground today for its soon-to-rise manufacturing plant in Nueva Ecija.
00:26Our Clay Zel Pardilla narrates the facility's groundbreaking earlier today.
00:33The Philippines is moving to end its dependence on imported farm machines.
00:39Soon, this will be built and sold locally, a step toward modernizing agriculture.
00:45President Ferdinand R. Marcos Jr. led the groundbreaking of the Korea Agricultural Machinery Industry Complex in Cabanetuan City.
00:55The country's first factory for farm equipment.
00:59The facility will produce tractors, harvesters, and other tools to ease farm work and boost income.
01:06This complex will be built for Filipino farms.
01:09Its purpose is to strengthen our capacity to develop and to build farm machinery.
01:15These tools will help increase production, improve crop quality, and ultimately raise the income of our farmers.
01:23Construction will start in 2026.
01:26The 100 million U.S. dollar project is a partnership between a Korean firm, the Agriculture Department, and the Cabanetuan City local government.
01:36This also signifies to the general public, sa atin lahat, na there is still investor confidence sa Pilipinas.
01:44This will create 3,000 jobs sa workers minimum to 5,000 sa start, then eventually mga 10,000 ang workforce na kailangan.
01:55Officials say local production will make machines more affordable and will help bring down food prices.
02:02The DA also distributed P270 million worth of farm machines and fuel subsidies to Nueva Ecija farmers.
02:12Malaking tipid po yun dahil siyempre po, kung 3,000 po yung makukuha namin, ano po yun, di na po namin magagaling sa bulsa namin.
02:21Maraming salamat po President Marcos.
02:24Never naman mangyari na magiging mali ang pagsasaka.
02:28Pero sana mapabilis ang trabaho ninyo at sana naman ay mapagaang ang inyong trabaho.
02:34I truly believe that agriculture is the soul of our economy.
02:41This is why we will continue to advance the agricultural sector with technology
02:45and the support that our families, our farmers rightly deserve.
02:50Kaleizal Pardilia from the National TV Network for a new and better Philippines.
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