A relocation site at Banaybanay Davao Oriental has been proposed for the Davao Oriental Eco Industrial Park Project.
The Davao Oriental Eco Industrial Park project is by far the biggest investment in Davao Oriental, which opened its arms to Under the MOU, a 1,500- hectare industrial park will be constructed in Banaybanay, Davao Oriental.
The project includes a liquified natural gas storage and processing facility, oil refinery and petrochemical plant, oil, tanking, and a 1,200-megawatt LNG combined cycle power plant, among others.
The MOU was signed after the Davao Oriental provincial council passed a resolution authorizing the governor to enter into an agreement with Pionaire Finance Limited.
More updates will be posted soon.
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