BOI oks P477-M cold storage project in Bulacan

Rappler.com
The project, to be built and operated by Royale Cold Storage North Inc., will start commercial operations in June 2014

APPROVED. The Board of Investments approves the P476.5 million cold storage facility in Bulacan. Photo by AFP

MANILA, Philippines – The Board of Investments has approved a P476.5-million cold storage project in Marilao, Bulacan.

The project, to be built and operated by Royale Cold Storage North Inc., is scheduled to start commercial operations in June 2014.

The plant will have a maximum capacity of 3.4 million pallets per year for cold storage and 9.72 million kilograms per year for blast freezing.

It will employ around 80 people.

The plant will cater to agriculture, marine and processed food companies based in Bulacan and northern Luzon provinces that offer these products:

  • Unprocessed products
  • Semi-processed raw materials
  • Finished products
  • Perishable commodities such as fruits, vegetables, livestock and poultry products
  • Processed marine products

Industry group Cold Chain Association of the Philippines (CCAP) welcomed the approval of the project, saying it is much needed to meet demand for safe and quality food supply in the country.

CCAP also said the project will enhance the competitiveness of the agriculture sector and connected businesses such as supermarkets.

The group plans to put up cold storage and blast freezing facilities in the southern cities of Mindanao as well as cities and municipalities in northern and central Luzon, and central Visayas in the coming years. – Rappler.com