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Bacolod City, Philippines Monday, November 11, 2019
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P8B intíl port, more investors
in 2nd district seen: Escalante
BY CARLA P. GOMEZ

 

The second district of Negros Occidental, also known as Casama (Cadiz, Sagay, Manapla), is expected to draw billions of pesos in investments in an international port and the relocation of foreign manufacturers into its economic zones, Cadiz Mayor Salvador Escalante said Saturday.

Escalante said the Tiu family of Frabelle Fishing Corp. is expected to invest from P7 to 8 billion in an international port facility in Cadiz City.

The negotiations for the international port through a public private partnership are in the final stages after which we will open it to a Swiss challenge, he said.

The project that will be undertaken in three stages, at no expense to Cadiz City, will cover 100 hectares of reclaimed land, he said.

The first phase will cover 25 hectares with a deep water port that is targeted for completion in two and a half years, with the second phase of 25 hectares and the third phase of 50 hectares to be undertaken as needed, Escalante added.

The port will provide a direct link for cargo vessels from Batangas and abroad to northern Negros Occidental where 50 percent of the agricultural produce of the province comes from, he added.

The Tius who produce hotdogs, which is the number 3 food item eaten by Filipinos, are also planning to put up a plant in the second district to serve the Visayas and Mindanao markets, he said.

The Cadiz international port will address the needs of investors in the economic zones of Sagay and Manapla, he said.

Tamiya Inc. located at the Mactan Economic Zone is seriously looking into relocating to the Sagay City Economic Zone, he said. Tamiya, a Japanese manufacturer of plastic model kits, radio controlled cars, battery and solar powered educational models, sailboat models, acrylic and enamel model paints and various modeling tools and supplies, would create 1,200 jobs in the second district should it move to Sagay, he said.

“We will know by yearend what their plan is, so far it is very positive,” he added.

Another firm studying the setting up of a manufacturing facility in the second district is Sports City Inc., he said.*

 

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