BoI approves P78-m poultry expansion - News Summed Up

BoI approves P78-m poultry expansion


The poultry dressing project qualified for incentives under the preferred activities category under the Agriculture, Fishery and Forestry Listing while the cashew project received the nod under the export activities category. The facility exclusively serves the poultry dressing and further processing requirements of San Miguel Foods Inc..Live birds from the poultry contractors of SMFI in Tarlac and nearby provinces are delivered to the facility for processing. In the wake of the bird flu outbreak in Pampanga and Nueva Ecija, San Miguel Pure Foods Company Inc. said its Magnolia chicken brand were safe for public consumption. SMFI is a subsidiary of SMPFC, the food division of conglomerate San Miguel Corp.SMFI farms and its entire broiler flocks recently tested negative for the avian influenza. Meanwhile, R-Ley Trading is expanding its cashew processing and export business by acquiring automatic processing machines from Vietnam.


Source: The Standard October 24, 2017 13:07 UTC



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