Republic Cement Iligan, Inc. and SteelAsia Villanueva Works, Inc. accounted for P30.1 billion of Northern Mindanao’s P31.97 billion worth of investments for the period January to April 2019 and are among the top five big ticket investments in Mindanao during the period.
Based on an article at Sun Star Davao, Republic Cement Iligan, Inc. will be investing P18 billion for its cement production plant in Iligan City.
Meanwhile, SteelAsia Villanueva Works, Inc. will put up an additional P12.1 billion for its production facility in Villanueva, Misamis Oriental.
Read more details below.
Read press release by Board of Investments (BOI) below.