DBP lends P46M to contract growing project

A startup contract growing project in Guinayangan, Quezon province has secured a P46.2-million financing from the Development Bank of the Philippines (DBP).

In a statement on Friday, the state-owned lenders said it has signed a term loan agreement with Kallen Pullet Farm to partially finance the construction of its two-tunnel ventilated buildings and the purchase of poultry equipment and generator sets.