CPF Philippines will lease new feedmill to rise in Isabela province
The new PHP 1.2 billion feedmill complex will to be leased by CPF Philippines will help secure a steady supply of quality feed ingredients.
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Charoen Pokphand Foods Philippines (CPF Philippines), one of the country’s leading agro-industrial and food companies, is set to lease a new feed milling facility to be built in Isabela province, the Philippines’ corn capital.
The soon-to-rise Isabela Feed Mill Complex will be constructed by Sagittarian Agricultural Philippines, Inc. (SAPI), with financing support from the Land Bank of the Philippines (Landbank). Under the agreement, Landbank will provide SAPI with a PHP 1.2-billion loan to construct the 15-hectare feed mill and a PHP 100-million credit line for working capital.
Strategically located in Ilagan City, the facility will help CPF Philippines secure a steady supply of quality feed ingredients to support its growing poultry and livestock operations across Luzon. The company runs extensive integrated poultry operations in the country, encompassing the entire supply chain, from animal feed production to food processing and distribution.
The feed mill is expected to significantly boost local corn demand, with prices projected to rise from PHP 1.00-2.00 per kilogram—benefiting around 97,734 smallholder farmers in Isabela and nearby provinces. This development aligns with CPFPC’s strategy to strengthen the agricultural value chain while promoting rural development.
“With this investment, Landbank reaffirms its commitment to modernizing the agricultural sector, empowering local farmers, strengthening the country’s food security, and supporting the agriculture value chain,” said Landbank President and CEO Lynette Ortiz.
