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ICTSI, Phividec agree to expand Mindanao Container Terminal

The state-owned Phividec Industrial Authority and publicly listed International Container Terminal Services Inc . (ICTSI) have agreed to expand the Mindanao Container Terminal (MCT) in Tagoloan, Misamis Oriental after its volume last year hit close to its full capacity.  Read More →

Filinvest’s planned coal-fired plant in Misamis Oriental likely blocked

THE establishment of a multi-million-peso power generation investment of Filinvest Development Corp. (Filinvest) in Villanueva town in Misamis Oriental would likely be a failure as another environmentalist group in Northern Mindanao has been releasing statements to possibly block the entry of another coal-fired power plant in the area.  Read More →

New 300 MW coal-fired plant to rise in Phividec

FDC Utilities, Inc. , the power and utilities unit of Gotianun-led Filinvest Development Corp. is spearheading a consortium which recently received the approval of the Department of Energy to allow the National Grid Corp. of the Phils. (NGCP) to conduct a grid impact study for the P19.35 billion new project.  Read More →

PHIVIDEC is ideal site for LNG facility in Mindanao

The Department of Energy has cited Phividec Industrial Estate in Misamis Oriental as the ideal site for a liquefied natural gas (LNG) infrastructure, citing its deep natural harbor.  Read More →

A Gaming Casino in Cagayan de Oro City?

  SOME thought of the business community and civil society over the weekend on the return of a gaming casino in our city deserves a review by both our elected local and national legislators of Cagayan de Oro and Misamis Oriental.  Read More →

Mindanao terminal container throughput up 17% in 2011

The Mindanao Container Terminal (MCT) in PHIVIDEC, Misamis Oriental handled 210,507 nfoot equivalent units in 2011, 16.9% more than the previous year’s 180,000 TEUs and slightly over last year’s target of 210,000 TEUs.  Read More →

Binay leads groundbreaking of PHIVIDEC housing project

  VICE President Jejomar C. Binay led the ground breaking ceremonies and signing of memorandum of agreement for the housing projects within the vicinity of Phividec Industrial Authority (PIA) covering 2.958 hectares.  Read More →
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NHA, Phividec to develop relocation site

Around one thousand twenty-five (1,025) families will benefit from the development of Kirahon Relocation Site as a joint undertaking between the National Housing Authority (NHA) and PHIVIDEC Industrial Authority (PIA).  Read More →
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Steag to expand amid looming power crisis

Steag State Power Inc. is likely to embark on a 150MW expansion this year inside its complex at Phividec Industrial Estate at Villanueva, Misamis Oriental to help offset a possible electricity crisis in Mindanao in 2012.  Read More →

Phividec approves Filinvest 300-MW power project

THE board of the Philippine Veterans Investment Development Corp. (Phividec) has reportedly approved the application of the consortium led by Filinvest Development Corp. as a locator of its industrial estate in Mindanao.  Read More →

Steag welcomes setting up of LNG power plant in Misamis Oriental

AN OFFICIAL of Steag State Power Inc. (SPI), a company that operates a coal power plant in Villanueva, Misamis Oriental, welcomes the reported setting up of another power plant in the area by Filinvest Development Corporation.  Read More →

Filinvest unit mulls 200-MW LNG plant at PHIVIDEC

The energy unit of Filinvest Development Corp. is planning to put up a 200-megawatt (MW) liquefied natural gas (LNG) power plant at the Phividec Industrial Estate in Misamis Oriental.  Read More →
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