The Cagayan de Oro City Council recently endorsed the proposed 8-storey Cagayan de Oro International Hospital, Geriatric Hotel and Shopping Center which will rise in a 6-hectare lot in Lumbia, this city.

The said project will cost some 350 million euros and will be funded through a grant by Turkish philanthropists. See screenshot of resolution below.


As revealed in the documents below, this will be a joint venture between Real Prudent Resources & Devt. Corp. and Bozkurt Ltd Corp. at a cost of P5 billion. Browse over the documents below. (SOURCE)31-60a180c7a2 32-dcfa5ff759 33-29740e08b0 34-4b66533766 35-8bca3733b1 36-ffe0cb0ce2 37-2aaaf2e16c 38-4cd69aca03 39-467e494efa 39-467e494efa (1)

Lumbia has been identified as the city’s next growth area (LINK).

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