LANDBANK has secured a P1.3 billion financing deal with Sagittarian Agricultural Philippines, Inc. to develop the Isabela Feed Mill Complex, aimed at enhancing local agricultural productivity and food security.

Target Information

Sagittarian Agricultural Philippines, Inc. (SAPI) is poised to enhance the agricultural landscape in Isabela, Philippines, through its ambitious development of the Isabela Feed Mill Complex. With dedicated planning and strategic execution, this project aims to transform local agricultural capabilities and boost food security in an area renowned for its abundant corn supply. The facility is being constructed on a 15-hectare site and will be leased to Charoen Pokphand Philippines Corporation (CPFPC), a prominent player in the food and agro-industrial sectors in the country.

This partnership underscores LANDBANK's ongoing commitment to support agricultural growth and provide financial solutions that empower local farmers. By improving the distribution and processing of corn, the project is expected to positively impact nearly 98,000 small farmers, enhancing their livelihood through increased corn prices, which could see an uptick from P1.00 to P2.00 per kilogram.

Industry Overview

The agriculture sector in the Philippines represents a vital component of the country’s economy, providing employment for a significant portion of the population and contributing to food security. With approximately 25% of the workforce engaged in agriculture, reforms in this