ABOITIZ Equity Ventures, Inc.’s (AEV) food and agribusiness arm, Pilmico Foods Corp. and the Aboitiz Foundation will open a training complex for livestock farmers in Maramag, Bukidnon by August.
In a statement on Thursday, Pilmico and Aboitiz Foundation said that the P10-million research and development facility is expected to improve livestock raising and management in Maramag.
Pilmico Assistant Vice-President for Feeds-Sales Jefferson C. Abian said that the facility will encourage knowledge-sharing among backyard farmers, specialists and students participating in production.
The facility will focus on aquaculture, poultry and swine.
“[This will be] a modern facility complete with the latest tools and technologies on swine genetics, animal nutrition, artificial insemination and farm management, which the whole community can benefit from,” he added.
The facility will be built inside Central Mindanao University (CMU).
Aboitiz Foundation First Vice-President and Chief Operating Officer Maribeth L. Marasigan said in a speech at CMU said that the company is seeking to advance the community’s development.
“I imagine the livestock training complex to be a center of learning and growth in this area as I see our learners — which include the students, farmers, and even specialists — as future innovators and drivers of positive change,” she added.
AEV shares on Thursday closed down P0.40 or 0.67% at P59.30. — Anna Gabriela A. Mogato