The Dairy farming industry in the Philippines has a massive potential for growth and could help solve issues of food security while creating livelihood opportunities for Filipinos. However, despite the high demand for milk, 99 percent of the supply is currently imported. The Philippines government aims to boost its milk production in 2021, and with the new Philippine Dairy Roadmap 2022-2025, the country hopes to improve the sector and entice more investors.
The Philippine Chamber of Commerce and Industry (PCCI) and the Department of Agriculture (DA) have recently partnered with Qatari firm Baladna to invest in a state-of-the-art dairy facility in the country worth $500 million. Baladna boasts producing over 95 percent of Qatar’s fresh dairy products and owns more than 24,000 Holstein cows with the capacity to produce up to 450 tons of fresh milk daily in a facility designed to be climate-independent. The project is expected to create 2,000 jobs in its first phase and requires at least 5,000 hectares of land to house the facility.
With this investment, the Philippine dairy industry is poised for great growth and development, making it an attractive option for farmers and investors looking for a lucrative venture in the country.
