Tuesday, January 22, 2008 Clark firm to infuse P40M in eco-tourism project
CLARK FREEPORT -- Clark Development Corporation (CDC) President Liberato Laus has forged a lease agreement with an agricultural business firm that will infuse P40 million for its eco-tourism project at the Sacobia area here.
Laus signed the agreement with Jose Jose, president of Green Canyon Leisure Farms Corporation, which is planning to promote eco-tourism by building cottages, picnic areas, swimming pools, and other outdoor sports.
The firm, which is expected to initially employ at least 60 workers, also plans to produce hybrid yellow corn in a 29.6 hectares area at the Clark sub-zone, according to Laus.
The hybrid yellow corn will be sold to piggery and poultry feed manufacturers all over the country.
The Sacobia area (or the former Clark Sub-Zone) has been transformed earlier as Clark Special Economic Zone (CSEZ) under the administered area of CDC.
Among the plans of CDC is to make the area an agro-industrial project site for investors engaged in similar projects.
Laus said the farm would also produce organic vegetables for Clark main zone restaurant.
Mudfish, catfish and tilapia will be cultured for food establishments in the Metro Clark area.
The firm also intends to plant mangoes and other fruit-bearing trees and utilize the mountain slopes by planting mahogany, narra, molave and others for future use as lumber and timber.
The CDC Marketing Department said the investor in the project is also the owner of Aeromart Worldwide Services operating inside the Berthaphil Business Park here.
Aeromart is one of the suppliers of aircraft parts in major cities in the world. (RGN)
