An agricultural company in Leyte is hoping to change this.
Chen Yi Agriventures recently inaugurated the Chen Yi Agriventures Rice Processing Center (CYA-RPC) in AlangAlang, Leyte. The company is run by husband and wife Patrick and Rachel Tan-Renucci, who packed up their lives in Paris and moved to Leyte to set up a sustainable business after the area was destroyed by Typhoon Yolanda in 2013. “We said, ‘we have to do something to help the rice farmers of Leyte,” Rachel said.
“We were so shocked with what happened here so we decided it was time for us to change the way we were living and earning money,” Patrick said.
Rachel was an investment banker and fund manager, while Patrick ran one of the largest printing companies in France. They decided to set up the Complex in Alang-Alang because it’s considered the granary of Leyte. “We are not farmers. We came here to do sustainable business. We came here because nobody would come here. We came here because of Yolanda... We came here to change the way people are farming. To increase the income of the farmer, to increase the yield of the farmer, and to get them out of the cycle of poverty,” Patrick said.
MOST ADVANCED IN THE REGION
The Complex cost R1.7 billion to build and can pro