|PHIVIDEC Industrial Estate. Misamis Oriental is host to several industrial estates and business parks. The biggest industrial estate in the country is the 3,000-hectare PHIVIDEC Industrial Estate-Misamis Oriental (PIEMO). It covers the municipalities of Tagoloan and Villanueva.
Here, the first and biggest locator is the Philippine Sinter Corporation (PSC) which is a subsidiary of Kawasaki Steel of Japan. PSC is now owned by JFE Steel. PSC’s sintered ore is one of the top export commodities of the province.
The recently inaugurated STEAG State Power Inc. is the biggest locator in the past decade.
There are 71 locators in the PHIVIDEC Industrial Estate. Twenty-seven are into manufacturing and six are service-related firms. Soon to be established in the estate is the Limketkai Food Manufacturing Corporation, San Miguel Corporation and TLC Beatrice Foods.
The Mindanao Container Port (MCP) which is also inside the PHIVIDEC Industrial Estate started in January 2004. The port aims to decongest the traffic of Cagayan de Oro Port and provide the medium term needs of PHIVIDEC itself.
First Cagayan de Oro Business Park. This estate is a project of MINERGY Systems Inc. and All Asia Capital. It involves the development of a 200-hectare area in PHIVIDEC Industrial Estate. The project will be implemented in three phases.
Pueblo de Oro Information Technology Park. Ready to house quality manpower and world class technology are IT and business parks in Cagayan de Oro. Topping the list is the recently launched Pueblo de Oro IT Park, the only PEZA -registered IT park in Mindanao. This 20-hectare IT site is in the heart of the 360-hectare Pueblo de Oro Township, which has a world class 18-hole all-weather championship golf course. The course is ranked as the country’s fourth best by Golfing Philippines. Pueblo de Oro also boasts of medium-to-high-end housing, private schools, the SM City shopping mall, and the 50-room Korean-owned Koresco Hotel.
The Pueblo de Oro IT Park is along Masterson Avenue, a national road which leads to the airport six kilometers away. It is only five kilometers from Cagayan de Oro center.
The IT Park is envisioned to attract locators interested in software development, content development, hardware design, research and development services, computer-based support services and the like.
Alwana Business Park. This 80-hectare business subdivision is in Barangay Cugman, Cagayan de Oro. It started in 1981 as the site of wood factories. Ten years later, the management transformed the rest of the site into an industrial and residential area with a neat zoning system. Forty hectares are reserved for industries, 20 hectares for its executive residential subdivision called Alwana Village, 10 for commercial establishments and 26 for parks and recreation. Alwana Business Park also has sports and recreation facilities.
This compact business site is complete with ready-to-occupy business spaces and warehouses.
Another area planned for development is the Laguindingan Industrial Park which will be located just beside the proposed Laguindingan Airport.