# Philippine firm gets meat processing plants approved

> The Philippine Board of Investments approved San Miguel Foods' applications for two proposed meat processing plants in Davao del Sur and Quezon. The facilities, valued at PHP1.3 billion and PHP1.1 billion, are scheduled to be operational by January 2018 and employ about 1,127 people.

- Date: 2017-07-10 · published 2017-07-10T12:00:00.000Z
- Category: policy · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/70073-philippine-firm-gets-meat-processing-plants-approved
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

New poultry and meat processing capacity, with integrated rendering that feeds into the company's feed milling, modestly adds to regional demand for feed ingredients over the medium term but has little immediate price impact.

## Read by commodity

- CHICKEN: neutral

## Sources

- foodnavigator.com: https://www.foodnavigator.com/Article/2017/07/11/Philippine-firm-gets-meat-processing-plants-approved/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.