The Board of Investments (BOI) of the Philippines has approved the application for the registration of Agro Azienda Inc. for its P195.5 million new broiler chicken production in Maragondon, Cavite.
Listed under the “Agriculture, Fishery and Forestry” of the 2020 Investment Priorities Plan (IPP), the transitional Strategic Investment Priority Plan (SIPP) of the Corporate Recovery and Tax Incentives for Enterprises” (CREATE) Act, the broiler chicken project is qualified for registration.
Agro Azienda has a capacity of 2,310,000 birds per year and has acquired brand new equipment to be installed in the facility. The firm will employ 10 direct workers. The potential direct employment to be generated by the firm based on the employment multiplier is estimated at 109 workers. The firm also built a fly management control system including tunnel vent building design, dry manure, and insecticide fly trap.