The Municipality of Tagoloan in Misamis Oriental, the first town next to Cagayan de Oro City to the east will soon level up with the planned establishment of a 5-Star Hotel, Shopping Mall and a 6-storey International Hospital.
The development of the mixed-use complex was confirmed with the recent signing of a Memorandum of Understanding (MOU) last March 8, 2018 between AYKAY Grup Insaat, a Turkish contractor, Makati-based Contractor Almatel Const. and Real Prudent Resources and Development Corp. represented by its President Sultan Manny Darimbang and Corporate Secretary Atty. Anthony Marvin Ponce de Leon. Shown below are photos of the MOU signing courtesy of former City Councilor and Vice Mayor Candy Dela Rosa Darimbang as posted in her Facebook account.
There are no details yet as to the exact location of the complex but the group with top investor APEX Global Holdings visited PHIVIDEC for a business meeting just a few days earlier.
Accordingly, project details including design are set to be completed by late April or May this year.
It can be recalled that a similar project by Real Prudent Resources and Development Corp. was planned in Lumbia a few years back. The said project has been put on hold at the moment.