Toledo City Boosts Local Shrimp Production
A new P300-million shrimp processing facility in this city aims to boost local shrimp production, reduce reliance on imports and prepare the Philippines to reenter export markets.
The plant is expected to stabilize farm-gate prices during seasonal oversupply and create hundreds of jobs in western Cebu, a region long constrained by limited industrial activity.
The facility, operated by Gideon De Oro Seafood Corporation, the processing arm of the Aquatic Phoenix Aquaculture Group, is projected to employ 250 to 300 workers at full capacity, with priority given to...
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