Food Terminal Inc.

Food Terminal Incorporated (FTI)
FormerlyGreater Manila Terminal Food Market (GMTFM)[1][2]
Company typeGovernment owned and controlled corporation (from 1980)[1]
IndustryIndustrial and agricultural enterprises
FoundedApril 30, 1968; 56 years ago (1968-04-30) (as Greater Manila Terminal Food Market)[1][2]
March 27, 1974; 50 years ago (1974-03-27) (as Food Terminal Incorporated)[1][2]
FounderPresident Ferdinand E. Marcos[2]
HeadquartersWestern Bicutan, Taguig, Metro Manila, Philippines
Area served
Metro Manila,[3]
Nationwide (planned)
Key people
Porferio E. Mah (Chairman)
Joseph Rudolph Lo (President & CEO)
Revenue
  • Increase ₱276 million (2018)
  • ₱259 million (2017)
[4]
OwnerNational Food Authority (Philippines)
WebsiteFTI.gov.ph

Food Terminal Incorporated (FTI)[2] is a Filipino government owned and controlled corporation, headquartered at Western Bicutan, Taguig, Metro Manila, Philippines; focused on food processing and distribution. It also runs a 120 hectares (297 acres) industrial estate that leases lots for small and medium-sized enterprises that runs business on agricultural development, electronic raw materials, and other business endeavours,[2][5] of which 76 hectares (188 acres) were sold to Ayala Land, Inc. (ALI) and is now known as Arca South.[6]

The FTI is a major subsidiary agency of the National Food Authority (NFA).[1][7]

  1. ^ a b c d e "Food Terminal Incorporated (FTI) - the history - a look at the past & a glimpse of the future". FTI.gov.ph. Food Terminal Incorporated (FTI). Retrieved November 25, 2020.
  2. ^ a b c d e f "Food Terminal Incorporated (FTI) - corporate history". www.FTI.gov.ph. Food Terminal Incorporated (FTI). Archived from the original on September 7, 2011. Retrieved November 13, 2012.
  3. ^ "Food Terminal Incorporated (FTI)". www.FTI.gov.ph. Food Terminal Incorporated (FTI). Archived from the original on July 3, 2016.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  4. ^ Christine Cudis (April 30, 2019). "FTI gets new lease of life; bares 5-year roadmap". PTVNews.ph. People's Television Network, Inc. (PTNI). Philippine News Agency. Retrieved November 25, 2020.
  5. ^ "Privatization Mgmt Office moves Food Terminal Inc. bidding to Aug. 14". www.GMAnetwork.com. GMA News. August 2, 2012. Archived from the original on June 10, 2015. Retrieved November 25, 2020.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  6. ^ Cite error: The named reference Inquirer was invoked but never defined (see the help page).
  7. ^ "Food Terminal Incorporated (FTI) - company profile". www.FTI.gov.ph. Food Terminal Incorporated (FTI). Archived from the original on September 7, 2011. Retrieved November 13, 2012.