A novel investment scheme for a cow-calf operation
designed especially for overseas Filipino workers (OFWs) is being
offered by King Ranch, a successful beef cattle breeding and fattening
operation in Batangas which is expanding to a 10,000-hectare farm in
Palawan.
King Carlos, who is managing the ranch together with his father Alex,
says that the project was particularly crafted for returning overseas
workers, many of whom are being returning home because of growing
political tensions in the Middle East and elsewhere.
He cited the political tensions in Egypt as well as in Syria which
are displacing many of the workers there, forcing them to return to the
Philippines without assurance of a well-paying job. The other
development that is causing serious concern is the Saudization in Saudi
Arabia. More
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