‘Panaad’ to energize Negros Occidental’s economy

BACOLOD CITY, April 8 (PNA) — The “20th Panaad sa Negros Festival” will energize the economy of the Negros Occidental as it is expected to deliver millions of pesos in income to participating local producers.

Last year, a thousand of local producers from 13 component cities and 19 towns were able to earn P7.87 million, based on records of the Technology and Livelihood Development Center (TLDC).

Cooperatives of local furniture producers also benefited from the week-long festivities by generating P3.9 Million sales, while participating single proprietors posted P3.55 million sales. Food product sales also reached P1.57 million.

Governor Alfredo Marañon Jr. said this all happened because Panaad sa Negros is not merely about entertainment.

It also opens opportunities for local producers to market their products and consequently boost their respective income, he said.

TLDC, under the Economic Enterprise Development Department, is the one responsible for the training some of these local producers in terms of food, personal accessories, garments and furniture making.

So far, the TLDC has served over 10,000 beneficiaries including 1,063 community-based entrepreneurs (single proprietor, cooperative and association). (PNA)



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