A group of investors have expressed interest in putting up a $15 million storage and logistics facility in Bayabas, Cagayan de Oro City. If this materializes, this will be the first integrated food wholesale terminal and logistics complex in Northern Mindanao.
This was disclosed after Oro Chamber President Dr. Irene Floro accompanied the group composed of Cagayan de Oro Seafood Wholesalers Association (COSWA), Glacier Cold Storage Group President Arturo C. Yan and Sanden International Philippines, Inc. Cold Chain System Manager Roberto T. Alparajo during a courtesy call on City Mayor Oscar Moreno.
Actually, we had initial info on the plan as early as July last year. Read our old post below.
It was also learned that the group have already conducted ocular inspection of the proposed site in Barangay Bayabas near the Bulua Westbound Terminal Complex. See below.