Arca South News

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DA eyes food terminal at remaining FTI lot
Published January 17, 2019
By Madelaine B.Miraflor

SOURCE:https://business.mb.com.ph/2019/01/17/da-eyes-food-terminal-at-remaining-fti-lot/

The Department of Agriculture (DA) will utilize whatever that is left of the Food Terminal, Inc.’s (FTI) complex in Taguig to serve it’s real purpose, which is to create food terminals. This was nearly seven years since the government privatized a large chunk of the property and sold it to Ayala Group.

In 2012, Ayala Land, Inc. (ALI) paid the government as much as P24 billion to purchase the FTI property. Seven years later, FTI said it will spend about P1 billion to build food terminals in six locations, one of which will be located within the remaining portion of FTI complex that is still owned by the government.

Agriculture Secretary Emmanuel Piñol said the FTI, which is now under the Department of Agriculture (DA), still owns a 25-hectare lot in Taguig and another 11 hectares occupied by informal settlers.

He said that FTI, as per FTI Chairman Raymundo Ferrer, has just recently revived the government’s plan to construct food terminal facilities, which will serve as the consolidation areas for agricultural and fisheries products, across different part of the country.

When completed, the new FTI will have receiving and processing facilities for the produce of farmers and fishermen which will then be sold directly to consumers or vendors’ associations.

“Using modern communication technology, the new FTI will give out daily advisory on the buying prices of such products as chicken and hogs. It will be equipped with processing and cold storage facilities,” Piñol said.

Logistical facilities will also be acquired by the FTI to move the products from the Regional Food Terminals to the market.

When the 74-hectare FTI property was sold to ALI, the proceeds went to DA so the agency could implement modernization projects.

Arbor Lanes 3-Bedroom

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Arbor Lanes Olive, Arca South
Unit B-14A
3 Bedroom Classic
200 sqm
W 2 Parking Slots

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COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
REBL 5279 / HLURB 000327

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Arbor Lanes 2 bedroom

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FOR SALE
Arbor Lanes in Arca South
Unit A-9B
2-bedroom Classic
132 sqm
With 1 Parking Slot

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COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
REBL 5279 / HLURB 000327

KEY TAGS arca south arbor lanes availability arca south development arbor lanes ayala land premier alveo avida condominium price 2bedroom for sale arbor lanes in arca south computation arbor lanes layout

Arbor Lanes Availability

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COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
REBL 5279 / HLURB 000327

KEY TAGS arca south arbor lanes availability arca south development arbor lanes ayala land premier alveo avida condominium price

 

Arca South 2014-2018

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Arca South Timelapse

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COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
REBL 5279 / HLURB 000327

KEY TAGS arca south timelapse maps arca south development arbor lanes ayala land premier alveo avida condominium price

Unit A-16F Arbor Lanes Jade

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Unit A-16F
3 Bedroom Canopy Suite (Bi-Level)
Floor Area Approx 272 sqm
With 2 Parking Slots
All-in Price: P66.2M (inc VAT and Other Charges)
ARBOR LANES Jade, ARCA SOUTH
Target Turnover 2024

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Terms:
P200k (Reservation Fee)
P6.21M (10% Downpayment)
P849k/month (90% spread from Dec 2018 to July 2024)
@0% Interest

COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
REBL 5279 / HLURB 000327

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3BR Canopy Pool Villa

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Unit 16E
Arbor Lanes (Jade Bldg)
Canopy Pool Villa (3BR Penthouse unit w Pool & Balcony)
Bi-Level
Size 260sqm (exclusive of balcony/pool area)
W 2 Parking Slots

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COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
REBL 5279 / HLURB 000327

key tags arbor lanes arca south new BGC ayala land premier ayala land inc ayala land property arbor lanes block availability and prices contact person arbor lanes one union tower arca south avida alveo arca south verandas one union tower three bedroom garden suite best unit arca south hi end park cascades in arca south

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