Business

SMC plans mud crab farming to provide livelihood, stop flooding in Bulacan

San Miguel Corp. (SMC) is laying the groundwork for the construction of the P735 billion New Manila International Airport in Bulacan.

SMC said it would start growing 100,000 mud crabs monthly at its 10-hectare mangrove plantation site in Hagonoy, Bulacan to protect the forest and provide a new and sustainable source of livelihood for residents of the province.

Company president and COO Ramon S. Ang said the group’s massive mangrove planting program would help prevent flooding in Bulacan.

While the Philippines is one of the top producers of mud crabs in the world, there is still a need to further improve production to meet demand in the coming years.

“These mangrove areas are a good breeding ground for mud crabs and will provide the local government unit of Hagonoy, fishermen, local entrepreneurs, and rural communities with a sustainable source of income given the mud crabs’ high-income potential,” Ang said.

Mud crabs are considered a culinary delicacy in many restaurants and hotels in both local and international markets, making it a foreign exchange earner and a major source of livelihood for fishermen and fishpond owners.

Ang said the flood mitigation measures were all integral to airport development.

” It’s very important to address these environmental concerns before investing over P700 billion for the airport. This airport is a game-changer for everyone and will help revive the economy of Bulacan and the country against the Covid-19 pandemic, “he said.

SMC’s airport project will feature four parallel runways with a provision for two more and a world-class terminal which can accommodate up to 100 million passengers yearly, generate over a million direct and indirect jobs, promote many small industries in Bulacan and significantly boost tourism.

0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x