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Multi-billion projects unveiled in Cagayan | Cagayan Economic Zone Authority

Multi-billion projects unveiled in Cagayan

Multi-billion projects unveiled in Cagayan

By: Freddie Lazaro 

SANTA ANA, Cagayan – The Cagayan Economic Zone Authority (CEZA) has unveiled multi-billion projects in Cagayan as it celebrated its 24th anniversary last Monday.

Secretary Raul Lambino
(PCOO / MANILA BULLETIN FILE PHOTO)

Secretary Raul Lambino, the CEZA administrator, and chief executive officer said that six big projects totaling P1 billion and the $4.5 billion (P234 billion) satellite city (Polaris) kicked off in a series of groundbreaking ceremonies.

Other projects include the P301-million warehouses at Port Irene in Casambalangan village, the P426-million corporate and commercial centers in Rapuli village, P100-million Ropali Point Development in Pozo Robo, the P155-million wharf in San Vicente village, and the P17-million sanitary landfill in Diora-Zinungan village, all in Sta. Ana town.

“These projects are realized as Port Irene is envisioned to become the premier international port of Northern Philippines, capable of accommodating panamax and cape-sized vessels catering to the Asia Pacific Region markets,” said Lambino.

“Port Irene be developed as a major international seaport that will serve as a gateway for exports and imports from neighboring East Asian countries to the US West Coast, among others,” he said.

The development of Port Irene involves the construction of four units of warehouses with offices within the one-hectare property for Phase 1, expandable up to three hectares.

“The rehabilitation and expansion of the Port San Vicente Wharf and Causeway will serve as the take-off point to tourism destinations in the Cagayan Freeport, such as Palaui Island, according to CEZA Deputy Administrator Raymundo Roquero.

Roquero said the project aims to accommodate leisure fishing boats, sail boats and luxury yachts, and further advances the claim of the Cagayan Freeport as a premier game fishing destination

The sanitary landfill in Diora-Zinungan will address the waste disposal requirements of the Cagayan Freeport in Santa Ana town.

The corporate and commercial center in the 11.40-hectare land in Sitio Punti, Barangay Rapuli will have institutional areas, retail areas, conference hall, dining hall or restaurant, office spaces, and CEZA Corporate Center Services.

Polaris City in Sitio Mapurao, San Vicente, includes the CEZA Township Project, a 2013-hectare property with an ocean view and open for business spaces for IT-BPO companies, commercial and residential areas, health, wellness, leisure and recreational facilities.

Meanwhile, the 238.48-hectare projects in Pozo Robo in San Vicente village include the Marina Yacht Club, beach club and commercial areas, casino and entertainment, the residential resort villas, high-end resorts, spa and wellness center, parks and open space, forest reserve, and roads and utilities.

https://news.mb.com.ph/2019/02/28/multi-billion-projects-unveiled-in-cagayan/