MANILA -- On August 31, the United States government, through the U.S. Agency for International Development (USAID), in partnership with the Department of Trade and Industry (DTI) and the Nueva Vizcaya Agricultural Terminal (NVAT), launched a first-of-its-kind e-commerce platform to expand the market reach of Luzon-based farmer-traders and strengthen the Philippines' agricultural supply chain.
The NVAT Fresh Online Platform (NVATFresh.com), directly managed and operated by the Luzon-based agricultural hub, is a business-to-business (B2B) online platform where farmers can list their produce for large enterprises such as supermarkets, food processing companies, and restaurant chains. Through the platform, farmers can leverage competitive pricing, secure a consistent income, reduce food wastage, and ensure the delivery of fresh, affordable produce straight to businesses and consumers.
Through its five-year, Php1 billion ($18 million) Strengthening Private Enterprises for the Digital Economy (SPEED) project, USAID provided technical assistance, onboarding support, and training for NVAT and its stakeholders who use the platform.
In its initial phase, NVAT Fresh Online is projected to facilitate the sales of 5,000 tons of produce, accounting for 3 percent of NVAT's total volume. Future estimates anticipate sales surging to roughly 20,000 tons, generating Php500 million ($8.8 million) by its fifth operational year.
A screenshot of the NVAT Fresh Online Platform (NVATFresh.com)