AgriNurture ventures into large-scale corn farming

Businessman Antonio Tiu's AgriNurture Inc. is entering large-scale corn farming while engaging in talks with strategic partners seeking a minority stake as it revs up investments in the critical agriculture sector. The company, one of the country's largest wholesalers of fresh vegetables, is opening this year a 20,000-hectare corn plantation in Bansalan, Davao del Sur in Mindanao capable of producing 200,000 metric tons of corn per year, Tiu, who is AgriNurture's president and CEO, told reporters in an interview on Wednesday. The P2.6-billion project will create 50,000 jobs and will be partially funded via a P2-billion loan from Development Bank of the Philippines and equity from A...Keep on reading: AgriNurture ventures into large-scale corn farming

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