President Marcos led the groundbreaking of the Korea Agricultural Machinery Industry Complex (KAMIC) in Cabanatuan, Nueva Ecija, the country’s first large-scale farm equipment factory.
The $100-million, 20-hectare facility will assemble and manufacture tractors, seeders, and other machinery designed for Philippine farms.
Marcos said the project will modernize farming, increase productivity, improve crop quality, and raise farmers’ incomes while reducing reliance on imported equipment.
He thanked South Korea for investing in the Philippines and assured protection for their investments.
The event also featured government and Korean officials, during which Marcos distributed agricultural inputs and machinery to local farmers.
Source: PhilNews24 | December 11, 2025
Latest from News
Executive Secretary Ralph Recto represented President Ferdinand R. Marcos Jr. at the 2026 General Assembly of
Philippine Army reservist Pfc. Rex Froilan Gil finished 11th out of 76 participants in the Military
A total of 343 Filipinos, mostly OFWs, were safely repatriated from Saudi Arabia and Bahrain on
Opposition Rep. Chel Diokno has filed a bill seeking a P52.8 billion supplemental budget to help
The Land Transportation Franchising and Regulatory Board has approved a fare increase for provincial buses, effective
