Camiguin notes P86M investments in 2014


MAMBAJAO, Camiguin, January 9 (PIA) — The Department of Trade and Industry (DTI) posted a total of P86.14 million investments in 2014.

Taking the lead this time are investments related to the health Industry, with the Camiguin Medical Center in Mahinog town topping the list with P15 million capitalizations, and another P3 million investment for a dialysis center in Binaliwan, also in the same town.

Other investments included in the top five are the Dive Special Camiguin, located in San Roque, Mahinog with P9M capitalization; Nene Uy Space Rental at P3M, and Northern Lights downtown lodging house at P2M, both located in the capital town, Mambajao.

As for exports, Arjael Coco-Charcoal Factory remains to be the lone exporter in Camiguin, producing a total volume 1,090 metric tons of coco charcoal granules to Japan amounting to US$ .256 million.

Meanwhile, to further boosts the investments, the DTI initiated the Shared Service Facility (SSF) to help micro, small and medium enterprise (MSMEs) become more competitive, and improve the quality of their products.

The following are squid and fish processing equipment, fruit-flavored pie equipment, coco sugar processing equipment, and the dairy   Photo by TripAdvisor                                                  processing equipment to name a few. (JCV/PIA)


About Camiguin News Bulletin

The Philippine government operates a nationwide institution established to respond to the information needs of the citizenry, thus, the PHILIPPINE INFORMATION AGENCY was created in 1986 by virtue of Executive Order 100 signed by former President Corazon C. Aquino.

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