Davao Oriental Eco Industrial Park Updates

The Davao Oriental Eco Industrial Park project is by far the biggest investment in Davao Oriental, which opened its arms to Under the MOU, a 1,500- hectare industrial park will be constructed in Banaybanay, Davao Oriental.

The project includes a liquified natural gas storage and processing facility, oil refinery and petrochemical plant, oil, tanking, and a 1,200-megawatt LNG combined cycle power plant, among others.

The MOU was signed after the Davao Oriental provincial council passed a resolution authorizing the governor to enter into an agreement with Pionaire Finance Limited.