The future of the Pelaez Group’s Paseo del Rio, a mixed use riverside development in Nazareth, Cagayan de Oro City hangs in the balance if the 12-kilometer megadike project by the Japan International Cooperation Agency (JICA) will be realized.

The JICA report has identified the area as a “retarding basin” as shown below.


But according to City Mayor Oscar Moreno, everything is still up for discussion. Read more on the issue in Jigger J. Jerusalem’s Sun Star article HERE.

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