MANILA, Philippines — At least 51 projects located in the Luzon area worth P26 billion are up for grabs by the private sector.
This list of investment opportunities was presented for business matching at the 2011 Luzon
Investment Conference (LICON) with the theme “Making it Business, Investment and Growth.”
The LICON, conceptualized by the Department of Trade and Industry, has identified 51-funding ready projects involving agriculture, agri-business, energy, fishery, green projects, housing, infrastructure, industrial park, manufacturing and tourism.
Of the 51 projects, 28 are listed as Investment Priority Projects and 23 as Private-Public Partnership projects. There are also 17 tourism projects followed by infrastructure with 9 and the agribusiness and industrial park sectors with 6 projects each.
The projects vary in sizes and sectors. There are huge ones and small enterprises.
At least three power projects have been identified including the P455-million Mation Mini-Hydro Electric Power Plant; P100-million Coco Methyl Ester Production and Biodiesel Manufacturing; and P1.25- billion Rice Husk Project by San Jose City I Power Corp.
The list also include the P63-million Kaunlaran Pinoy Cold Storage Plant; P300-million Coconut Husks Derived Project; P150-million Integrated Agriculture project; the P4-million Moringa Leaf Processing Plant; and P72-million Multi-Purpose Cold Storage Facility.
Other projects include Mango Processing Plant (P81 million); Cagayan Valley Rubber Tree Plant and Agro-Forestry Leisure Farm (P68 million); Sweet Sorghum Industry Development Project (P12 million); and Mariculture Park (P13 million).
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