Agriculture in the Philippines employs one-third of the working Filipinos. In 2012, the industry contributed only 12 per cent of the country’s GDP which declined from 14 per cent in 2000 and 22 per cent in 1990. The decline was due to poor irrigation systems and other agricultural infrastructure, an inefficient transport and logistics chain, the high costs for seeds, fertilizers and machineries as well as the lack of training for farmers to improve their production methods and financial literacy. The low productivity in this sector will put the country at a disadvantage.
Supported by the government of Canada, the International Finance Corp. (IFC) recently partnered with Bayer CropScience Philippines to train 100,000 Filipino farmers in the next five years. The partnership aims to improve the farmers in the use of technologies, business and financial skills. The partnership also aims to complement and reinforce the training with communication tools such as email pamphlets and online videos in order to effectively reach the estimated 100,000 farmers throughout the country.
|Location||Philippines, East Asia and Pacific|