The idea of a food terminal originated with the conceptualization and construction of the GREATER MANILA TERMINAL FOOD MARKET (GMTFM), envisioned to become the primary trade/market for food and agriculture in Metro Manila. It was the offshoot of a January 1967 Presidential directive, creating a committee assigned to look into the upliftment of the agricultural economy of the country. The committee recommended a marketing system designed to ensure price stability and increased productivity. It led to the foundation of the Greater Manila Terminal Food Market (GMTFM) on April 30, 1968 through Presidential Decree No. 347. Under the management of the Development Bank of the Philippines, it was registered as a private corporation with the Securities and Exchange Commission (SEC) on May 3, 1968.

















