P91.5-M swine farm gets BoI perks
The project will revitalize the country’s pork supply which suffered a deficit due to the disruption brought on by the African swine fever
Daily TribuneThe project will revitalize the country’s pork supply which suffered a deficit due to the disruption brought on by the African swine fever
Trade Undersecretary and BoI Managing Head Ceferino Rodolfo (left) awards the Certificate of Registration to Sunjin Farm Solutions Corporation president Jin Pyo Hong (center) and its Head of Business Unit, Je Sun Ryu (right) during a courtesy call at the BoI Head Office on 11 October. | Photograph courtesy of BoI
The Board of Investments has registered livestock firm Sunjin Farm Solutions Corporation as a new producer of live hogs in Bugallon, Pangasinan making available to it fiscal perks.
The project is also expected to increase pork supply in the country.
With the cost of P91.49 million, the firm will engage in the breeding, gestation, farrowing, lactation, weaning, and growth of market hogs.
The project will revitalize the country's pork supply which suffered a deficit due to the disruption brought on by the African swine fever.
"This project is significant in making up for the losses in pork production because of the ASF. The Sunjin Farm Solution Corporation's project will ultimately contribute to the recovery of the country's local hog industry in the coming years," Trade Undersecretary and BoI Managing Head Ceferino Rodolfo said.
The project, with an annual capacity of 1,775 metric tons of live hogs, equivalent to 1,508 MT of pork, can supply 1.25 percent of the Department of Agriculture's pork supply deficit of 120,889 MT for this year, contributing to attaining the recovery of the local hog industry.
While at the regional level, the hog production in Ilocos Region (Region I) can spike by 2.93 percent (from 57,660 MT to 59,398 MT) during the first year of the project's operation.
At full capacity, from 2026 and beyond, the firm can annually produce 1,775 MT of live hogs equivalent to a three percent increase in the projected hog production in the region.
Hogs propagation
Significantly, the project will jumpstart the hog repopulation to be supplied within Ilocos Region and other nearby red zone areas.
Endorsed by the Department of Agriculture, the project is in line with the Department's Bantay ASF4 sa Barangay (BABay ASF) program.
Also, it shores up the DA's recently-launched Plant, Plant, Plant 2.0 Program, which continuously aspires for intensified local food production to increase local food sufficiency and enhance resilience to natural calamities, including ASF.
With strict biosecurity measures support, Sunjin will operate using a semi-conventional type of housing wherein some houses are installed with curtain winches, cool pads, blower fans, and an automated feeder line.
On the economic side, the project is estimated to increase domestic output by P563.15 million.
Notably, the firm will provide awareness seminars to farmers on disease prevention every quarter. Particularly, the seminar topics will depend on the need of the community.
In addition, the company will also donate organic fertilizer to rice and palay farmers in the area. This will help farmers save around P100 per kilogram of organic fertilizer.
According to the firm, they will grow their hogs free from antibiotics and hormonal drugs, which is aligned with the World Health Organization recommendation to reduce the use of these drugs in food-producing animals. With such, Sunjin aims to minimize the overuse and misuse of antibiotics in animals contributing to the rising threat of antibiotic resistance.
