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A group of Chinese businessmen are planning to construct a multi-million petrochemical complex in Misamis Oriental more specifically inside Phividec Industrial Estate.

As quoted in SunStar CDO, Governor Yevgeny Emano said the group numbering about 200 was introduced by businessman Albino Limketkai and eyeing a 5-hectare area at Phividec where they can put up the manufacturing facility.

Emano said the project would benefit the province through job generation, increase in tax collections and other indirect positive impacts.

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