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San Miguel unit eyes putting up more poultry farms across PH

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ABS-CBN News

<p>MANILA - San Miguel Food and Beverage Inc on Monday said its subsidiary San Miguel Foods Inc would put up poultry farms across the country.</p><p>Priority areas cited are Pangasinan, Bataan, Quezon, Cebu, Davao and Sorsogon, SMFB said in a disclosure to the stock exchange.</p><p>The company is responding to a recent report which stated that it has allotted $1.2 billion for new poultry farms.</p><p>&quot;Construction has started, with the earliest projected completion time of the first farms in 2024, as advised by Mr. Ramon S. Ang, President of SMFB,&quot; the statement said. </p><p>San Miguel Food produces and distributes packaged and ready-to-eat food such as PureFoods as well as canned goods, among others. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/07/23/21/san-miguel-launches-online-store">San Miguel adapts to pandemic, launches own online store</a></li></ul><div><strong>RELATED VIDEO:</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=1617464" 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>

San Miguel Food and Beverage Inc on Monday said its subsidiary San Miguel Foods Inc would put up poultry farms across the country.