SMC food manufacturing plants secure BOI incentives
TAX INCENTIVES FOR SAN MIGUEL FOODS: The Board of Investments (BOI) recently approved two meat processing (chicken) projects of San Miguel Foods Inc., the P1.3 billion Davao del Sur and P1.1 billion Quezon projects. SMFI is a subsidiary of San Miguel Pure Foods Co. Inc., the food division of conglomerate San Miguel Corp. Photo shows Trade Undersecretary and BOI managing head Ceferino Rodolfo (second from left) awarding the Certificates of Registration to SMFI officers led by Victorio Antonio (third from left), assistant vice president and strategic project manager and Geloni Yap (right), external affairs manager. They are joined by BOI director for Resource-Based Industry Service Nestor Arcansalin (left).
MANILA, Philippines - Food – to infrastructure conglomerate San Miguel Corp. (SMC) has secured government incentives for its two new food manufacturing projects worth a combined P2.4 billion.
The Board of Investments (BOI) recently approved San Miguel Foods Inc.’s (SMFI) application for registration as a producer of whole dressed chicken and processed chicken parts for its two proposed meat processing plants in Sta. Cruz, Davao del Sur and Pagbilao, Quezon.
SMFI is a subsidiary of San Miguel Pure Foods Co. Inc. the food division of SMC. SMFI has diversified products in the agro-industrial sector, with businesses ranging from commercial feeds and poultry to pork and beef.
BOI said the P1.3-billion Davao del Sur and P1.1-billion Quezon plants are fully mechanized and integrated processing facilities that will utilize the technology of electric stimulation in carcasses.
Both plants are set to be operational by January 2018 and are expected to employ around 1,127 personnel.
The Davao del Sur plant is expected to produce 17,215 metric tons (MT) of dressed chicken and 16,892 MT of processed chicken parts annually, while the Quezon facility will have an annual production of 10,009 MT of processed chicken and 22,972 MT of processed chicken parts.
“The finished products will boost the domestic market demand with further processed chicken parts targeted for established fastfood brands like Jollibee, McDonald’s and KFC within Mindanao, South Luzon and GMA areas,” BOI managing head Ceferino Rodolfo said.
The plants will be equipped with blast freezers, chilled holding rooms, cold storage for frozen products and corresponding utilities as well as wastewater treatment facilities in accordance with the Clean Air Act.
It will also have rendering facilities to convert solid waste into poultry meals for its feed milling activities.
According to SMFI, the technology to be used in the new plants will improve the quality of chicken by enhancing bleeding capability of carcass and meat tenderness even without maturation by chilling process.
Both facilities will be constructed as “AAA” plants in compliance with the standards set by the National Meat Inspection Service.
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