#MPIC #LRGroup #MetroPacificFreshFarms #foodsecurity #vegetablegreenhousefacility #modernfarming #technologies #sustainablefarmingpractices
Metro Pacific Investments Corp. (MPIC) has partnered with Israeli firm LR Group to establish the largest vegetable greenhouse facility in the Philippines located in Bulacan province. With an investment of almost PHP1 billion, the 22-hectare Metro Pacific Fresh Farms (MPFF) aims to provide vegetable harvests to Metro Manila, where the market for vegetables is significant. MPIC’s Chairman, President, and CEO, Manny V. Pangilinan, said that the project supports the government’s goal of achieving food security and an agriculturally independent Philippines. Moreover, through its partnership with LR Group, MPFF will introduce Israeli technologies that will modernize the country’s agriculture and strengthen sustainable farming practices.
The Philippines has been facing challenges in food security, and the recent inflation caused by the increasing prices of vegetables in the country has added to these concerns. The establishment of the largest vegetable greenhouse facility in the Philippines is a significant boost to the country’s food security and an essential step towards achieving agricultural independence. The partnership between MPIC and LR Group will introduce modern farming technologies, which will enhance the productivity and sustainability of vegetable farming in the country. With this initiative, MPIC aims to increase local food production and contribute to lowering food prices in the country. Through this project, MPIC is committed to helping build a nation that can feed all its people.
