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MVP salad? Metro Pacific building PH's largest vegetable greenhouse in Bulacan

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Jekki Pascual, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Metro Pacific to build country" s="" largest="" vegetable="" greenhouse="" in="" San="" Bulacan="" to="" help="" the="" agriculture="" sector.="" MPIC="" invest="" nearly="" ₽1="" billion="" with="" Israeli="" partners.="" Jekki="" ABS-CBN="" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/news/02/20/02202023-ph_s-largest-vegetable-greenhouse-rise-bulacan_metro-pacific.jpg"/><figcaption>Metro Pacific to build country&#x27;s largest vegetable greenhouse in San Rafael, Bulacan to help the agriculture sector. MPIC to invest nearly ₽1 billion with Israeli partners. <em>Jekki Pascual, ABS-CBN News</em></figcaption></figure></div><p>MANILA - Metro Pacific Investments Corp on Monday said its subsidiary Metro Pacific Agro Ventreus Inc (MPAV) will build a facility that will house the country&#x27;s biggest vegetable greenhouse as it ramps up its investments in agriculture.</p><p>During the launching ceremony, Metro Pacific Chairman Manny V. Pangilinan said the company is investing close to P1 billion for the project.</p><p>MPAV partnered with Innovative Agriculture Industry Ltd, an affiliate of its Israeli-based partner LR Group, for the 22-hectare property called &quot;The Vegetable Greenhouse Project&quot; in San Rafael, Bulacan, MPIC said in a disclosure to the stock exchange.</p><p>The farm, which is set to open next year, will have several greenhouses and other facilities. The joint venture said it is eyeing to plant tomato, zucchini, pepper, lettuce and eggplant.</p><p>The project will use modern technology so that it will need less water, less land. Controlled farming conditions will also lead to shorter crop cycles, MPIC said. It will open up opportunities to improve the country&#x27;s knowledge in advanced farming techniques, it added.</p><p>&quot;This modern farming facility will be 5 times higher in production yield vs traditional farming methods. It effectively uses 90 percent less water, 90 percent less land, 90 to 99 percent fertilizers and pesticides, will have year-round production,&quot; said MPAV President and CEO Jovy Hernandez.</p><p>Pangilinan assured consumers that despite using modern technology, their vegetables would remain affordable and would be made available to supermarkets and wet markets, among others.</p><p>&quot;It&#x27;s not going to be expensive. We&#x27;ll make sure the prices are affordable and will make sure we&#x27;ll be able to increase the supply of vegetables,&quot; said Pangilinan.</p><p>Pangilinan, however, said not all crops could be planted in greenhouses.</p><p>&quot;Real challenge is to find, to get into large scale farming. Which means you need plenty of hectares, thousands of hectares to achieve the kind of scale, and the kind of cost you worry about. Certain crops are just not capable of being planted in greenhouses like sugarcane,&quot; he said.</p><p>He added MPIC is eyeing more investments in agriculture</p><p>MPIC has been investing heavily in agriculture with the launch of Metro Pacific Dairy Farms last December and the purchase of part of Axelum Resources Corp, a top coconut and coconut products exporter.</p><p>The greenhouse is MPAV and LR Group&#x27;s second project. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/12/22/22/metro-pacific-milks-cows-to-open-p2-billion-farm">Metro Pacific to build P2-billion dairy farm in Laguna with partner LR Group</a></li>	<li><a href="https://news.abs-cbn.com/business/06/27/22/metro-pacific-to-acquire-majority-of-carmens-best">Metro Pacific Investments Corp to acquire Carmen&#x27;s Best, enters agribusiness</a></li>	<li><a href="https://news.abs-cbn.com/business/02/07/23/metro-pacific-to-acquire-3476-pct-of-coconut-exporter-axelum">Metro Pacific to acquire 34.76 percent of coconut exporter Axelum for P5.32 billion</a></li></ul><div><strong>FROM THE ARCHIVES</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1631671" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

Metro Pacific Investments said it is building the country's biggest vegetable greenhouse which is capable of producing output all year round.

MVP salad? Metro Pacific building PH's largest vegetable greenhouse in Bulacan

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MVP salad? Metro Pacific building PH's largest vegetable greenhouse in Bulacan

Jekki Pascual,

ABS-CBN News

Published Feb 20, 2023 05:08 PM PHT

Read More:

Metro Pacific Investment Corp

MPIC

Metro Pacific Agro Ventreus Inc

The Vegetable Greenhouse Project

greenhouse

agriculture

Manny Pangilinan

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