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Article: Philippines : US investors eye $351.3-M agri projects in RP.
- Article from:
- TendersInfo
- Article date:
- November 12, 2009
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Byline: Mamta03
AMERICAN businessmen are keen on investing $351.3 million in the biofuels, aquaculture, and food-and-beverage sectors in the Philippines, according to officials of the Department of Agriculture (DA).
In a report, Agriculture Undersecretary Berna Romulo-Puyat and Philippine Agricultural Development and Commercial Corp. president Marriz Agbon said biofuel producer Alan Group is interested in putting up a 360-million- liter-per-year crude jatropha oil processing plant costing $312.5 million.
Initial reports from business matchings held in Manila and Mindanao reveal that participating American companies indicated interest to invest ...