Food Terminal Incorporated (FTI) is a Filipino government owned and controlled corporation, headquartered at Western Bicutan, Taguig, Metro Manila, Republic of the 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, of which 76 hectares (188 acres) were sold to Ayala Land, Inc. (ALI) and is now known as Arca South.

In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an "and/or", is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees. There are 219 GOCCs as of 2022. GOCCs both receive subsidies and pay dividends to the national government. A government-owned or controlled corporation is a stock or a non-stock corporation, whether performing governmental or proprietary functions, which is directly chartered by a special law or if organized under the general corporation law is owned or controlled by the government directly, or indirectly through a parent corporation or subsidiary corporation, to the extent of at least a majority of its outstanding capital stock or of its outstanding voting capital stock.