Vice Mayor Vera Cruz of Iligan City
revealed that the country’s former dominant player in the steel industry, the
National Steel Corporation (NSC) will be revived and around $1.8 billion of
investments are now awaiting for disposal.
The meeting with President Rodrigo
Duterte and the investor surprised LGU Iligan.
SteelAsia plans to manufacture
plates, beams, billets, slabs and piles in National Steel's facility in Iligan
City, SteelAsia
The project will be the biggest
investment to ever flow in Northern Mindanao region.
The investment is even bigger than
that of the biggest mall in the country, SM Seaside Cebu.
Watch the video below:
source: dailytopmedia
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