The Board of Investments (BOI)’s One-Stop Action Center for Strategic Investments (OSACSI) has endorsed for green lane processing Metro Pacific Corp.’s P3.4-billion vegetable and dairy farm projects.
Trade Undersecretary and BOI Managing Head Ceferino Rodolfo said they already conferred on Nov. 30 the Green Lane Certificates of Endorsement to representatives from Metro Pacific Fresh Farms Inc. (MPFF) and Metro Pacific Dairy Farms Inc. (MPDF).
The certificates were given in adherence to Executive Order (EO) No. 18: Constituting Green Lanes for Strategic Investments.
The EO allows the OSACSI to grant expedition and streamlining of processes and requirements, particularly in permit and license procedures, for eligible entities and their projects.
The MPFF’s Metro Manila Greenhouse Vegetable Production Project aims to become the largest vegetable greenhouse facility in the country that promotes sustainable and modern farming practices such as Nutrient Film Technique hydroponics and Drip Irrigation systems.
The farm, which will be located in San Rafael, Bulacan, is expected to begin commercial operations in the last quarter of 2024.
MPDF's Integrated Dairy Farm Project set at Bay, Laguna will start operations by the first quarter of 2025.
It aims to expand local milk production by 20 percent to 30,000 liters daily from the 26.3 million liter capacity at present.