The Department of Trade and Industry (DTI) is launching a 150-million peso shared service facility for micro, small, and medium enterprises' (MSMEs) packing and labeling needs. This facility aims to streamline production processes and boost MSME competitiveness.
The facility, located in Butuan City in Mindanao, will serve as a One-Stop Printing Hub for the Caraga Region. This hub forms part of the DTI's Shared Service Facility Program in partnership with Father Saturnino Urios University (FSUU) in Butuan City.
FSUU will provide the infrastructure and technical support to operate the facility. This partnership is part of the DTI's efforts to create more packaging facilities in the Philippines to help MSMEs compete in both local and global markets.
The DTI plans to roll out FSUU MIRACLE, a program that will provide small-time business owners with access to packaging design, label development, commercial printing, die-cutting, packaging fabrication, prototype production, and technical assistance on branding and packaging improvement.
About 99% of businesses operating in the Philippines are MSMEs. However, many of these businesses lack the financing and resources to scale. With the FSUU MIRACLE, smaller firms can improve product presentation and comply with labeling standards at lower costs.
This initiative is expected to help MSMEs better sell their products in trade fairs, electronic commerce platforms, and export markets. By improving product presentation and compliance with labeling standards, MSMEs can increase their competitiveness in both local and global markets.
The DTI is working to provide MSMEs with the necessary resources and support to scale and compete in the market. This shared service facility and the FSUU MIRACLE program are two initiatives that aim to address the challenges faced by MSMEs in the Philippines.
