Davao Oriental Eco Industrial Park Project
The Pionaire Finance Limited, together with its partner Shenzen Energy Group Co., Ltd., based in China, intends to finance, study, and develop an eco industrial park at the Banaybanay town of Davao Oriental.
The project, estimated to cost $27 Billion, is a partnership project between the Provincial Government of Davao Oriental and Pionaire Finance Limited (PFL).
The soon-to-rise eco industrial park will also feature LNG and LPG Storage and Receiving terminals, Regasification Facility; 10 million MT Storage Tanks and Terminal for crude oil, Steel Plant, International Port and Cargo Terminal, Light Industry, Textile Park, Mechanical Park, Electronic and Construction Materails, Agribusiness Park, Logistic and Commercial Park, and Manufacturing Facilities for Prefabricated homes.
The investors emphasized that with the project’s realization, the community’s welfare will be taken care of as initiatives in putting up hospitals, school, environmental projects, disaster preparedness and mitigation projects, and housing projects and relocation sites will be part of the ambitious project.