Connect with us

Hi, what are you looking for?


Denso’s P60-M hydroponic farm seen to boost food security

DENSO PHILIPPINES Corp. recently launched a P60-million hydroponic farm in Ibaan, Batangas in a bid to support the development of the country’s agriculture sector.

The project, introduced on Aug. 25, involves the commercial production of high-value crops such as microgreens, kale, arugula, herbs, and melons with the use of hydroponics.

Earlier, the Board of Investments (BoI) approved the registration application of Denso Philippines for the hydroponic farm project under the 2022 Strategic Investment Priority Plan.

The target markets of the hydroponic farm include hotels, restaurants, online market, culinary schools, and other food-related businesses in central business district areas across the Philippines.

“The farm involves the commercial production of vegetables using hydroponic growing technology with plans to use IoT (Internet of Things) for nutrient dosing and monitoring through sensors,” the BoI said in a statement on Tuesday.

“Hydroponics is a soil-less farming system that includes the process of growing plants with the use of mineral nutrient solution through an inert medium such as perlite, gravel, mineral wool, expanded clay, or coconut husk. Through hydroponics, water remains in the system and is reused, which, in turn, can decrease carbon footprint,” it added.

According to the BoI, the hydroponic project was endorsed by the Department of Agriculture (DA), and is seen to help achieve food security in urban areas across the country.

“Through hydroponics, water remains in the system and is reused, which, in turn, can decrease carbon footprint. In 2027, the global hydroponics market is projected to reach $13.4 billion,” the BoI said, adding that a 19.2% compound annual growth rate is forecast from 2021 to 2027.

“Denso’s high-value crops will be essential in supporting urban areas in the Philippines, as well as address the low local self-sufficiency of highland vegetables (22%) and the DA-forecasted deficit of 51,116 metric tons in Calabarzon, where the project will be located,” it added. — 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!



PHILIPPINE STAR/ MICHAEL VARCAS WASHINGTON D.C. — The United States is seeking to form a coalition of countries to drive negotiations on a global...


Buildings are seen along EDSA in Quezon City. — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Diego Gabriel C. Robles  THE WORLD BANK (WB) upgraded...


Heavy traffic is seen on the southbound lane of EDSA in Cubao, Quezon City. — PHILIPPINE STAR/ MIGUEL DE GUZMAN THE PHILIPPINE auto industry’s...


REUTERS THE BANGKO SENTRAL ng Pilipinas (BSP) may deliver a second off-cycle rate hike in early November when the US Federal Reserve is expected...


Vendors arrange their goods at a public market in Manila. — PHILIPPINE STAR/ RUSSEL A. PALMA THE ASIAN Development Bank (ADB) is planning to...

Editor’s Pick

With the reversal of the 1.25% rise in National Insurance Contributions happening on the 6th of November, employers across the nation have an opportunity...

You May Also Like


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...


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...


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...


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...

Disclaimer: Respect, 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.