RD Group investing US$45 million to increase production

Business, Normal

GENERAL SANTOS: THE Philippines’ biggest tuna exporter RD Group is investing a total of US$45 million (K122 million) next year for the expansion of its operations in General Santos city in Mindanao, Indonesia and Papua New Guinea.
The Business Mirror reported that Rodrigo Rivera Sr, chairman of the RD Group of Companies, told reporters the company was spending US$15 million to increase its semi-processed and canned-tuna manufacturing facility in General Santos from the current 140 tonnes per day to 200 tonnes.
It would also expand its PNG facility with an investment of US$13 million (K35 million).
The expansion plan would require up to 1,500 more employees, the company said.