BOI, Maharlika Investment Corporation Support Launch of US$1B Agri-Food Fund

Officials from the Maharlika Investment Corporation (MIC), CP Group, and the Board of Investments (BOI) gathered for a strategic investment session. Representing MIC were President and CEO Rafael D. Consing, VP for Investments Kheed Nielsen Ng, VP for Legal Michael Lao, AVP for Investments Mikaela Neri, Legal Associate Justinelli Limjoco, and Investments Officer Georwin Ng. From CP Group and its affiliates were Sean Glodek, Vice Chairman of CT Bright Holdings Ltd.,Investment Advisor Michal Jozwiak, and CP Group EVP Michael Jiaravanont

The Board of Investments (BOI) convened with Maharlika Investment Corporation (MIC) and representatives from Charoen Pokphand (CP) Group to advance the establishment of a US$ 1 billion agri-food fund. The initiative aims to strengthen collaboration on key investment initiatives and drive inclusive economic growth through the acceleration of high-impact agricultural investments.

The meeting delved into fiscal and non-fiscal incentives for fund-backed projects, including registration requirements for private equity structures, alignment with strategic priority sectors, and identified regions where the government is actively encouraging private investment and opportunities for partnerships with BOI-registered entities and pipeline projects.

BOI Governor Marjorie Samaniego led the presentation on incentives under CREATE MORE, outlining key opportunities in priority sectors identified in the Strategic Investments Priority Plan (SIPP).

The session forms part of MIC’s broader efforts to deepen its strategic partnership with CP Group and establish a dedicated investment platform focused on the agriculture sector. The dialogue with BOI proved instrumental in refining the structure of the agri-food fund, while also informing the development of other MIC-led vehicles to ensure consistency with national policies and available incentive frameworks. It provided critical insights into regulatory requirements and emerging investment opportunities that will help shape MIC’s portfolio.

MIC reaffirmed its commitment to mobilizing long-term capital into critical sectors—including energy, tourism, and agriculture—that are essential to advancing food security, rural development, and inclusive economic growth.

The partnership between BOI, MIC, and CP Group marks a significant step toward positioning the Philippines as a competitive, sustainable, and investment-ready economy.