Sun.Star Cagayan de Oro

Business Infra projects will create more ecozones

-

ONGOING infrastruc­ture and economic projects in the South-Central Mindanao corridor is seen to create more economic zones (ecozones) in Mindanao, a Mindanao Developmen­t Authority (Minda) official said.

Raymond Peter Esperat of Minda said in an interview last Thursday, October 18, during the Mindanao Energy Plan public consultati­ons at The Royal Manadaya Hotel, Davao City that these infrastruc­ture projects in the south-central corridor is just among of the many envisioned developmen­ts for Mindanao.

Other developmen­t corridors in Mindanao include Northern Mindanao, and Western Mindanao.

“We are also seeing that the creation of more economic zones will also help even strengthen the projects we have for Mindanao. Also with this, having more economic zones will help invite more possible investment­s in the region,” Esperat said.

Presently, there 34 operating Ecozones in Mindanao.

For south-central Mindanao developmen­t corridor, six projects are currently ongoing addressing developmen­ts on transporta­tion, culture and heritage, road infrastruc­tures, and seaports.

“For the TransMinda­nao HighSpeed Railway System Project, we are happy to tell that the constructi­on will start by third quarter of next year,” Esperat said.

The railway system has a total of 18 segments with a total length of 2,277.56 kilometers (km) with a budget of P1.935 trillion.

Esperat said the phase one of the Mindanao Tourism Cultural Village Center in Davao City has already been completed. Though there’s still a need for funding and implementa­tion for the second phase of the project.

“There are still continued roadworks in Sarangani, Sultan Kudarat, and Davao Occidental as part of DPWH’s project on Mindanao Road Network Missing Link,” Esperat said.

To control floods in the plains of central Mindanao, a river basin flood control project has been constructe­d.

Esperat added more hectares of land are still needed to build the General Santos City Aerotropol­is which also aims at becoming a transshipm­ent hub for commercial goods to be sold to domestic and internatio­nal markets.

“The Polloc Freeport and Ecozone in Maguindana­o will definitely help boost economic activities especially in the Muslim area,” Esperat said. (SunStar Philippine­s)

 ??  ?? ISLAND VISITORS walk through the temporary port set up by the Boracay Inter-agency Task Force as constructi­on workers race against the clock on Thursday to finish the “icon,” which will serve as a symbol of a new Boracay, in time for its re-opening on Oct. 25, 2018.
ISLAND VISITORS walk through the temporary port set up by the Boracay Inter-agency Task Force as constructi­on workers race against the clock on Thursday to finish the “icon,” which will serve as a symbol of a new Boracay, in time for its re-opening on Oct. 25, 2018.

Newspapers in English

Newspapers from Philippines