SEIZING the economic opportunity made possible by the recent fisheries law agreement between Taiwan and the Philippines, Taiwanese aquaculture feeds manufacturer Grobest Feeds Inc. on Wednesday launched a $22-million plant in Gerona, Tarlac.

“This is a reflection of the successful signing of the Taiwan-Philippines agreement on law enforcement cooperation in fisheries matters,” Gary Song-Huann, representative of the Taiwan Economic and Cultural Office (TECO) in the Philippines, said in a statement.