Connect with us

Hi, what are you looking for?

News

BoI to woo agri, food production locators to Bukidnon Industrial Zone

DPWH

THE BOARD of Investments (BoI) is pitching the Bukidnon Industrial Zone to investors as a food manufacturing hub for local supply and exports, citing the readiness of existing infrastructure as well as potential expansion.

“Located at Barangay Dicklum, Manolo Fortich, Bukidnon, the industrial zone boasts a complete access road, power and water supply and perimeter fences,” BoI said in a statement on Monday.   

It added that the industrial zone, located in southern Philippines, is linked to the Mindanao International Container Port and the soon-to-be operational Don Carlos Bukidnon Domestic Airport.  

Trade Undersecretary and BoI Managing Head Ceferino S. Rodolfo met with Bukidnon officials on Jan. 27 to discuss the development and promotion of the industrial zone.   

“This endeavor is very promising and we truly believe in Bukidnon’s potential to be a global food manufacturing hub. To realize this, we are proposing to schedule a series of roundtable meetings with industry stakeholders and industrial zone developers in the next three months from January 2023 to solicit inputs and interests and ready the industrial zone for strategic promotions,” Mr. Rodolfo said. 

“We are looking at showcasing this kind of investment opportunity in international roadshows in countries like South Korea who can potentially bring their food production facilities to Bukidnon,” he added. 

Bukidnon’s main produce include pineapple, tomato, coffee, rubber, cattle, and bamboo. It hosts food production players such as Del Monte Philippines. Inc., Republic Biscuit Corp. and Liwayway Marketing Corp. — Revin Mikhael D. Ochave  

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

Soldiers are seen at the Philippine Army’s 126th Founding Anniversary in Fort Bonifacio, Taguig City, March 22, 2023. — PHILIPPINE STAR/KRIZ JOHN ROSALES By...

News

PRESIDENT Ferdinand R. Marcos, Jr. supports the merger of state-run lenders Land Bank of the Philippines (LANDBANK) and Development Bank of the Philippines (DBP),...

News

THE REGIONAL Comprehensive Economic Partnership (RCEP) will likely take effect for the Philippines around June, a Trade official said on Tuesday. This as the...

News

Bangko Sentral ng Pilipinas Governor Felipe M. Medalla poses for a photograph in his office at Manila, Nov. 18, 2022. — REUTERS/ELOISA LOPEZ/FILE PHOTO...

News

PANGILINAN-led Metro Pacific Investments Corp. (MPIC) is set to acquire 1.6 billion shares equivalent to a 16% stake in SP New Energy Corp. (SPNEC)...

News

LISTED retailer Puregold Price Club, Inc. recorded a 13.5% increase in consolidated net income to P9.23 billion in 2022 from P8.18 billion in the...

You May Also Like

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.