{"id":121976,"date":"2017-10-06T22:41:03","date_gmt":"2017-10-07T02:41:03","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=121976"},"modified":"2017-10-06T22:41:03","modified_gmt":"2017-10-07T02:41:03","slug":"boi-okays-p246-m-coco-milk-project-in-gensan","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/10\/06\/boi-okays-p246-m-coco-milk-project-in-gensan\/","title":{"rendered":"BOI okays P246-M coco milk project in GenSan"},"content":{"rendered":"<figure id=\"attachment_112055\" aria-describedby=\"caption-attachment-112055\" style=\"width: 415px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/BOI-Logo-small-version.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-112055\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/BOI-Logo-small-version.png\" alt=\"CPAVI targets to kick off its commercial operation by January 2018. (pna photo)\" width=\"415\" height=\"260\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/BOI-Logo-small-version.png 415w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/BOI-Logo-small-version-300x188.png 300w\" sizes=\"auto, (max-width: 415px) 100vw, 415px\" \/><\/a><figcaption id=\"caption-attachment-112055\" class=\"wp-caption-text\"><a href=\"http:\/\/media.pna.gov.ph\/category-list\/KRIS%20CRISMUNDO\/BOI%20Logo%20small%20version.png\">CPAVI targets to kick off its commercial operation by January 2018.<\/a><br \/><a href=\"http:\/\/media.pna.gov.ph\/category-list\/KRIS%20CRISMUNDO\/BOI%20Logo%20small%20version.png\">(pna photo)<\/a><\/figcaption><\/figure>\n<p>MANILA\u2014 The Board of Investments (BOI) has approved the PHP245.7-million coconut milk project of Century Pacific Agricultural Ventures Inc. (CPAVI) in General Santos City.<\/p>\n<p>In a statement Friday, BOI said the new production line in CPAVI\u2019s facility in Barangay Tambler, Calumpang, Purok Lansong in General Santos City targets to produce 15.3 million kg. of coconut milk annually for export to Malaysia.<\/p>\n<p>It partnered with Llanco Manufacturing Sdn. Bhd., producer and supplier of coconut-related products in Malaysia, for the export of CPAVI\u2019s coconut milk to the neighboring country.<\/p>\n<p>The project is registered under Export Activities of the 2017 Investment Priorities Plan (IPP).<br \/>\n\u201cThis will further boost the exports of various coconut products since they are in great demand abroad,\u201d Trade Undersecretary and BOI managing head Ceferino Rodolfo said.<\/p>\n<p>CPAVI targets to kick off its commercial operation by January 2018.<\/p>\n<p>The investment will also generate 536 new jobs.<\/p>\n<p>CPAVI is a wholly-owned unit of Po family\u2019s Century Pacific Food Inc., producer of canned food products, such as Century Tuna, 555 Sardines, and Argentina Corned Beef, as well as Swift Hotdog.<\/p>\n<p>CPAVI has been registered with the BOI as producer of various coconut products, such as coconut beverage and coconut shell, virgin coconut oil, and coconut flour that are mostly exported to the United States and Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u2014 The Board of Investments (BOI) has approved the PHP245.7-million coconut milk project of Century Pacific Agricultural Ventures Inc. (CPAVI) &hellip;<\/p>\n","protected":false},"author":33,"featured_media":112055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,95],"tags":[21224,26427,26426,26425],"class_list":["post-121976","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news-ph","tag-board-of-investments-boi","tag-boi-okays-p246-m-coco-milk-project-in-gensan","tag-century-pacific-agricultural-ventures-inc-cpavi-in-general-santos-city","tag-php245-7-million-coconut-milk-project","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/121976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=121976"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/121976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/112055"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=121976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=121976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=121976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}