Volume II, No. 122
web portal: www.businessweekmindanao.com
Sat-Sun
November 2-3, 2013
P10.00
Mindanao Star The Purveyor of Truth, Justice and Development
OroChamber: ‘Strong amid onerous challenges’ New set of Trustees elected By Cheng Ordonez Editor-at-large
THE Cagayan de Oro (CDO) Chamber of Commerce and Industry Foundation Inc. (Oro Chamber) elected a new set of Trustees Tuesday night, coinciding with its 3rd Quarter General Membership Meeting and 28th Founding Anniversary, at Seda Hotel, Cagayan de Oro City. The Trustees elected to represent the various sectors are as follows: Business Support Organizations and
Institutions – Fr. Eric Velandria, SJ; Manufacturing and Industry – Jaime Rafael Paguio; Services – Jeffrey Ang; and Trade and Commerce – Efren Uy. The Agriculture, Fishery and Mining sector representative has to be decided yet since only one candidate manifested an interest to run for the position. The Oro Chamber’s election guideline requires, at least, the two candidates vying for a position to See strong, page 7
“ S pre ad your wings ,” M ayor Oscar M ore no te lls businessmen in his “Message of Support.”
Filinvest awards contract for 405mw power plant in Misor
DONATIONS. Misamis Oriental Governor Yevgeny “Bambi” Beja Emano shake hands
with Jay Valleser and Dr. Myra Yee of the Philippine National Red Cross (PNRC) during the turnover of donations to Barog Bohol held on the capitol grounds in Cagayan de Oro City on October 31, 2013. Mindanao Daily News photo by Lovely Mae V. Casenas
THE Filinvest announced the awarding of contracts for its 405 MW power plant in Mindanao with groundbreaking in early November and commercial operations commencing in early 2016. FDC Misamis Power Corporation (FDC Misamis) awarded the equipment supply contract to The First Northeast Electric Power Engineering Corporation of China Energy Engineering Group (NEPC China). It will utilize the latest in clean fuel technology adopting the circulating fluidized bed boiler technology consistent with Filinvest’s commitment towards enhanced environmental management. FDC Misamis is a subsidiary of FDC Utilities,
Inc., the utilities arm of the Filinvest Group. “We at FDC Misamis, are committed to environmentally sound projects. We call for balanced development — we must continue to care for our environment but not to the detriment of our economic and technological advancement,” stated FDC Misamis President Jesus N. Alcordo. FDC Misamis also awarded the construction contract for the Power Plant to NEPC Power Construction Corporation (NEPC Philippines), which is in partnership with Engineer-
ing Equipment, Inc. (EEI) who will be undertaking the civil, electrical and mechanical works. Mr. Mario R. Pangilinan, FDC Misamis Executive Vice President, said that, “FDC Misamis will employ world-class power equipment using internationallyaccepted standards to ensure efficient and reliable operation of the plant.” Alstom, a global leader in the world of power generation shall supply the steam turbine and generator directly from their manufacturing facilities in Europe while the circulating fluidized bed boilers and auxiliaries shall be provided by Shanghai Electric See AWARDS, page 7
New Jian Hua Mining donates classrooms to Bukidnon schools By Ercel Q. Maandig Managing Director AppleMark Tri-Media Concepts
From left, Impasug-ong town Mayor Mario Okinlay, Kenneth Kho of New Jian Hua, Impalutao Elementary School Principal Charito Espana and Impalutao Punong Barangay Romeo Abunda spearhead the ceremonial turnover of a school building which was donated by the New Jian Hua Mining Corporation. (Photo by FAP)
As part of their Corporate Social Responsibility (CSR), New Jin Hua Mining Corporation started its operation in year 2006 in Impasug-ong in Bukidnon recently turn-over projects which collaborates Learning Fundamentals and Environment Preservation. The said Mining Firm has donated 1 School Building of Two Classrooms which un-
veils last October 17 at Impalutao Elementary School attended by School Officials Headed by its Principal Charito España,Impasugong Municipal Mayor Mario Okinlay,Mr.Kenneth Kho of New Jian Hua Mining Company and Impalutao Barangay Capt. Romeo Abunda. In her speech, Charito Espeña said that as principal she is very happy and thankful that there’s a company indulging such social
responsibility that focused on Education. She added that her school presently needed an additional six classrooms, 1 science laboratory, speech Laboratory and a school Library in order for them to achieve their goals to become very competitive. The said project was also coordinated by the Filipino-Chinese Chamber of Commerce of Bukidnon. After Impalutao, the team proceeded to Barangay Kawayan for Another
unveiling of a school Building and wind up at Barangay Kibunton for a Tripartite activity which is “Hatud Sebisyo”, Ground Breaking of a School Site and a MOA signing. The Tripartite activity is in collaboration between the Local Government Unit of Impasug-ong. Impasugong,New Jian Hua Mining Corporation,DENR and NGCP.Impasug-ong Municipal Mayor Mario Okinlay See SCHOOL, page 7