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| Photo courtesy of Hijo Resources Corporation |
June 17, 2017
On June 16, 2017, Hijo Industrial Estates officially broke ground on a 760-hectare township project in Barangay Madaum, Tagum City, Davao del Norte. The P1-billion development by Hijo Resources Inc. will include a business and retail hub, a satellite government center, residential areas, and a 320-hectare leisure and tourism zone featuring a forest, beach, and eco-areas.
The township will also house an ICT zone for BPOs, a central lake with recreational amenities, and a 54-hectare deep-sea port developed with International Container Terminal Services Inc., initially capable of handling 450,000 TEUs.
The development aims to take advantage of ASEAN free trade by processing and adding value to raw materials for export. La Filipina, a food processing company from Iloilo, is the first confirmed locator. Residential development by Sta. Lucia Realty is expected to begin within three months.
