Purposes of the Corporation.
Section 5
SEC. 5. Purposes of the Corporation.—The purposes of the Corporation shall be as follows: a. To engage in and carry on the business of producing, manufacturing, processing, purchasing and selling, importing and exporting, handling and distributing, bartering or otherwise dealing in and with dairy animals and other dairy farm inputs, facilities, and equipment, milk and dairy products, the primary objective of such activities being to increase local milk production, with immediate priority emphasis on the increased production of fresh milk and the local marketing thereof to the extent acceptable to consumers rather than, and in order to gradually reduce dependence on, powder-based milk for import substitution: Provided, however, That, in carrying out said purpose, and before undertaking business activities on a nationwide scale, the Corporation, where necessary, shall coordinate with the Ministry of Agriculture in the establishment of a modest pilot program in one or two suitable dairy development zones to experiment on the multifarious aspects of milk and dairy production, manufacturing, collection, processing, marketing, transport and distribution, product quality, extension services and other exposures in commercial dairying, while developing management and technical expertise, as well as correcting and adjusting systems therefor: Provided, finally, That the Corporation or its affiliates or subsidiaries shall engage only in those areas of the dairy industry where the private sector has not adequately engaged in, or where it has not yet substantially supplied the measured capacity of the areas concerned and, in the judgment of the Ministry, after due hearing, is unable or unwilling within a reasonable period of time to do so and, in such sector where it has so engaged, only to the extent of supplying the deficiency. The definition of measured capacity shall be that contained in Section 2 (j) of Presidential Decree No. 1159, where applicable.