Argentinian food ingredient-producer Farmesa wants to put up a P300-million processing plant in the Philippines, marking its first manufacturing initiative overseas, according to the Department of Trade and Industry (DTI). Trade Secretary Ramon Lopez and Farmesa Asia-Pacific director Agustin Perez discussed the manufacturer’s plan to put up a seaweeds processing plant in the Philippines. They recently met on the sidelines of the 11th Ministerial Conference of the World Trade Organization in Buenos Aires, Argentina.

Canivel, R. S. C. (2017, December 15). Argentinian firm farmesa plans P300-M seaweed processing plant in PH. Philippine Daily Inquirer, p. B3.