Welcome to NABCOR!
The National Agribusiness Corporation (NABCOR) is a government –owned and controlled
corporation operating parallel to the thrust of the Department of
Agriculture(DA). From its establishment on June 29, 1982 through SEC Registration No. 121272, NABCOR has evolved to be a dynamic corporation responding to the needs and priorities of time. Originally from its mother corporation, the Strategic Investment Development Corporation (SIDCOR), an agency under the umbrella of the Office of the President, NABCOR was transferred to the Department of Agrarian Reform (DAR), and finally on August 09, 2005, NABCOR was transferred back to DA through another Deed of Assignment.
II. Vision and Mission
As a corporate arm of the DA, NABCOR sees itself as the leading government corporation in the development of agribusiness enterprises in the countryside to improve productivity and real incomes of Small Farmers and Fisherfolk (SFF) within the context of farmer-focused, market-led and sustainable agriculture. Its mission of promoting agribusiness through the development, modeling and/or replication of viable and innovative agribusiness enterprises is focused for the benefit of the SFFs.
NABCOR has a corporate structure that enables the DA to recover, rather than treat its investment as purely expense. Through NABCOR, funds are raised either through loans or grants, private sector investment via joint venture, equity investments, or other business arrangements such as gaps in budgetary requirements are filled in to fully implement and sustain DA's programs and projects without delays. NABCOR acts as the trading and marketing arm of DA in the acquisition and distribution of farm outputs and inputs for the SFFs. Further, NABCOR initiates "pioneering or missionary-type" projects to prime agribusiness investments in areas where private sector participation is not yet available due to risks.
IV. Core Business
1. Establishment and Development of Agribusiness Enterprise Center - Serving as the nucleus of integrated farm production, processing and marketing to spur economic growth, NABCOR sets up agribusiness centers in the following areas, among others:
1.1 Organic Fertilizer Production and Distribution
1.2 Agro-processing Plants
1.3 Farm Mechanization and Post Harvest Centers
1.4 Bulk Storage and Cold Chain Facilities
1.5 Packaging Centers
1.6 Seed Production and Distribution Facilities
1.7 Integrated Livestock Farms
1.8 Strategic food Exchange cum Processing Centers
2. Market Development and Promotion - With the mission of improving SFF's real incomes, NABCOR works on market development and promotion through the following activities:
2.1 Market Linking
2.2 Providing Access to Market Information
2.3 Product Development
2.4 Outlets and Trading Posts
2.5 Trade Fair & Mission
3. Management and Consultancy Services - With NABCOR pool of experts, entities engage in the various phases of agribusiness are provided services on the following areas of specialization:
3.1 Technology Commercialization
3.2 Policy and Technical Studies, Surveys and Researches
3.3 Smallholder Estate Management
3.4 Project Development
3.5 Investment Packaging
3.6 Project Management
3.7 Capacity Building: Training , Seminars and Workshops
3.8 Events Management
3.9 Secretariat Services
4. Bulk procurement of Farm Inputs ad Equipment - To facilitate the timely delivery and acquisition of farm inputs and equipment, NABCOR undertakes bulk procurement as necessary, in support to DA programs and priorities. This involves but not limited to the procurement of:
4.1 Fertilizer and Pesticides
4.5 Farm Implements and machineries
4.6 Packaging materials
V. Approaches and Strategies
To ensure success of each undertaking, NABCOR adopted the following strategies and approaches depending on the nature and requirements of the projects:
1. Create-Operate-Train-Recoup-Divest - NABCOR spearheads development to create viable agribusiness projects, in coordination with various stakeholders, until the direct proponents are able to run the project. Once the project operates successfully, NABCOR recoups its investment to finally divest itself from the project, and allows the proponents to reap the lasting benefits that the project could generate further.
2. Prototyping/Modeling - Embarking on a large-scale operation is a limiting factor especially to projects using non-conventional technologies. In such a case, the prototyping/modeling approach proves to be more cost-effective.
3. Networking/Convergence - NABCOR recognizes the strengths and the necessity of networking/convergence with all institutions, government and private, operating within the agribusiness chain. Such as, projects are easier conceived, packaged and implemented.
4. Joint Venture/Fund Syndication - By the mandate vested on NABCOR, the financial requirement for projects needs not be a limitation to attain its goals. Creative ways therefore, had been devised to provide project funds through syndication and joint venture schemes.
5. Project Management Approach/subsidiary Operations - As the need arises, NABCOR takes on the management of the project operations. Through its team of professional managers, a project could be run as a subsidiary agency, with the autonomy of a real business an profit center.
6. Outsourcing - For specialized endeavors, organization possessing the required expertise are commissioned to ensure achievement of target ends in the most efficient, effective, and economic terms.
7. Client Based/Demand Driven - Gaps within he agribusiness process are what NABCOR seeks to fill, thus, where the need is, there NABCOR is.
VI. Existing Projects
1. Corn Post-Harvest Processing and Trading Program
2. ASEAN IPM Knowledge Network
3. TV Production: Maunlad na Agrikultura
4. Support to the Direct Market Linkage Program of DA
5. Integrated Rubber Agribusiness Plan