The investment will involve the development of a 5,000-hectare estate.
The investment will significantly enhance the manufacturing capabilities and capacity of the Brantford facility.
The Land Bank of the Philippines is extending a US$21.3 million loan to fund the mill’s construction, along with a US$1.77 million credit line for working capital support.
This center, along with a wide network of dealers, will allow Ülker to deliver its products to thousands of consumers across 12 different cities in the country.
The project aims to develop sustainable, climate-smart rice production systems that enhance both yield quality and quantity to meet millers’ needs.