April 2, 2025
Dairy business of Philippines' MPAV aims to produce 10 million liters of milk over next two years
Metro Pacific Agro Ventures, Inc. (MPAV), a subsidiary of the Philippines' Metro Pacific Investment Corp. (MPIC), said its dairy business is targeting to produce 10 million liters over the next two years.
Milk production of Metro Pacific Dairy Farms breached one million liters last year, MPAV resident and chief executive officer Jovy I. Hernandez told reporters.
The dairy business is expected to produce about two million liters of raw fresh milk this year, he noted.
"By 2027, we should be delivering 10 million liters," Hernandez said.
He added that Metro Pacific Dairy Farms is on track to be fully operational this year.
Currently, the dairy business has a herd of about 1,000 cows. The dairy unit was producing 500,000 liters of raw fresh milk when it started.
Hernandez said the dairy business is awaiting the arrival of 220 dairy cattle from Australia by May.
"We're now moving some of the non-milking herd to become milking," he said.
- Business World