The Board of Investments (BOI) has approved the application of Sunjin Farm Solutions Corporation as new producer of live hogs in Bugallon, Pangasinan.
The Board of Investments has approved the application of Sunjin Farm Solutions Corporation as new producer of live hogs in Bugallon, Pangasinan.
The project, endorsed by the Department of Agriculture for BOI tax incentives, has a capacity to produce 1,775 metric tons of live hogs annually to account for 1.25 percent of the DA’s pork supply deficit of 120,889 MT for this year. The project is estimated to increase domestic output by P563.15 million. In 2020, the Philippines ranked as the 14th largest pork producer in the world and the second largest producer in Southeast Asia, next to Vietnam.
According to the firm, they will grow their hogs free from antibiotics and hormonal drugs, which is aligned with the World Health Organization recommendation to reduce the use of these drugs in food-producing animals.. In addition, the company will also donate organic fertilizer to rice and palay farmers in the area. This will help farmers save around P100 per kilogram of organic fertilizer.
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