September 11, 2024

Philippine conglomerate San Miguel Corp expands poultry production with new mega farms

San Miguel Corp (SMC), a diversified Philippine conglomerate, is set to boost the country's poultry production through its food and beverage unit with the completion of additional mega farms, The Philippine Star reported.

Following the launch of the country's largest poultry facility last year, SMC chairman and CEO Ramon Ang confirmed that the construction of other mega farms is progressing, with more facilities expected to be completed in the coming months.

Ang announced that a mega farm in Quezon, Philippines, is nearing completion, to be followed by another in Bataan. "Completion will be one after another," Ang said during a forum organised by SMC and the Economic Journalists Association of the Philippines.

San Miguel Food and Beverage Inc (SMFB) had previously disclosed plans to build 12 poultry mega plants nationwide, with an estimated investment of US$1.2 billion. Last October, the company inaugurated the Magnolia Poultry Farm in Hagonoy, Davao del Sur, which is the largest poultry facility in the country, consisting of 28 modules with five farmhouses each.

The Hagonoy facility is the first of the 12 mega farms SMFB plans to develop across the nation. The facility will produce high-quality, affordable chicken, ensuring a steady supply for consumers.

Once the mega farms are completed, SMFB aims to always guarantee the availability of chicken, supporting the country's food security.

Ang highlighted that poultry, as one of the most economical sources of protein, plays a critical role in addressing food security, which he considers a key issue today.

-      The Philippine Star