Philippines

MVP Group eyes Davao farm

Hong Kong-based First Pacific Co. Ltd’s agribusiness unit PT Indofood is eyeing 30,000 hectares of land in Davao Oriental, Philippines, for palm oil production.

First Pacific’s new interest: PH agri sector

Hong Kong-based First Pacific Co. Ltd. will work with the Department of Agriculture to identify lands in the Philippine for the production of cash crops, hoping to eventually control over 200,000ha.