The Food Terminal Inc. (FTI): A Comprehensive Overview
History and Origins
The concept of a food terminal first emerged with the conceptualization and construction of the Food Terminal Incorporated (FTI). This was done during the Marcos era and was intended to be a gender-friendly food processing and distribution hub nationwide that promotes the Women Empowerment through Business (WEB) initiative.
Joint Venture and Ownership
The First Philippine Industrial Park (FPIP), a joint venture between First Philippine Holdings and the local conglomerate, played a significant role in the establishment of FTI.
Government Involvement
The Department of Trade and Industry (DTI) is responsible for overseeing and implementing the operations of FTI. The government's ownership and control ensure the alignment of FTI's activities with national policies and objectives.
Operations and Services
FTI provides various services to support the food processing and distribution industry in the Philippines. These services include:
- Food processing and packaging
- Warehousing and storage
- Transportation and logistics
- Business support services
Revival and Expansion
In recent years, there have been efforts to revive and expand FTI's operations. The government has allocated funds for the rehabilitation and modernization of the facility.
Conclusion
FTI plays a vital role in the development and growth of the food processing and distribution sector in the Philippines. Its gender-friendly approach and government support make it a unique and valuable resource for businesses and entrepreneurs.
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