spot_img
27.3 C
Philippines
Wednesday, June 26, 2024

BOI approves P980-m canned sardines facility

- Advertisement -

The Board of Investments approved the P980-million zero-waste sardines manufacturing facility of Mega Prime Food Inc. in Sto. Tomas Batangas in support of the government’s directive for food security that will allow Filipinos access to affordable and nutritious food options.

Mega Sardines dominates the local canned sardines market with a 26-percent share. The new facility is designed to boost output by 20 percent to address increasing demand in Luzon, which accounts for 80 percent of total demand.

“This innovation by Mega Prime Foods Inc. supports the government’s overall direction to host clean and sustainable manufacturing practices in the country. The project is also expected to generate more business and employment opportunities for Filipinos, especially those situated in the Southern Tagalog area,” said Trade Secretary and BOI chairman Alfredo Pascual.

The facility is a state-of-the-art semi-automated sardines canning manufacturing plant with a zero-waste fish meal facility, cold storage and warehouse. The whole plant will operate using an energy-efficient power source to minimize carbon emissions.

LATEST NEWS

Popular Articles