Representing a total of ₱18.7 billion in investments, the newly certified projects are expected to generate more than 7,000 jobs for Filipinos.
These projects span strategic areas of agricultural development—from modern breeder farms to a large-scale coconut processing facility—aimed at boosting local food production and strengthening supply chains.
A single coconut processing facility is projected to employ 4,725 workers, while the breeder farm projects will create around 1,009 jobs.
The 31 projects include 17 breeder farms, eight fattening pig production facilities, a feed mill, a cold storage facility, a greenhouse vegetable facility, an integrated dairy farm, a wean-to-finish farm, and a coconut processing plant.
“Our drive for food security goes hand in hand with creating sustainable jobs for Filipinos,” said Trade Secretary and BOI Chair Cristina A. Roque. “This initiative directly addresses President Ferdinand Marcos Jr.’s directive to strengthen local production and lower food costs for Filipino families.”
Of the 31 food-related projects, 17 are in the pre-development stage, seven are under construction, six are already operational, and one is in pre-operational status.
The Green Lane initiative, launched in February 2023, aims to streamline and fast-track strategic investments aligned with national development goals.
To date, the initiative has approved 222 projects worth a combined ₱5.75 trillion, potentially generating more than 319,000 jobs.
Of these projects, 176 focus on renewable energy, 31 on food security, nine on digital infrastructure and public-private partnerships, and six on manufacturing. —Ed: Corrie S. Narisma
