Skip to main content

Bohol Gov Flies to South Korea

Governor Erico Aumentado will leave for South Korea Tuesday to attend groundbreaking ceremonies for the pilot algae bio-ethanol processing plant in Goheung County , and to meet with senior economic ministers in Seoul to discuss the mega projects for Bohol proposed for Official Development Assistance (ODA) funding.

From Goheung, the Aumentado team will proceed to Seoul to meet with Man-Soo Kang, senior economic adviser to President Lee Myung Bak and chair of the Presidential Council on National Competitiveness as well as former Ambassador to the Philippines and adopted son of Bohol Minister Choi Joong-Kyung, now presidential senior secretary on economic affairs.

Top in the agenda for the meeting arranged by Man Hwan Park, Philippine country representative of the Economic Development Cooperation Fund (EDCF) Korea Export-Import Bank (Eximbank) are the Bohol Circumferential Road Improvement Project Phase 3 (BCRIP 3), implementation of the multi-industry cluster (MIC) projects, the US$3-million grant for the feasibility study on the Bohol-Cebu Multi Access Friendship Bridge (Super Bridge) and the proposed US$3 million ODA concessional compact loan for the development of the 1.8-kilometer runway of the Ubay domestic airport.

The MIC projects include the establishment of a US$2.9-million algae bio-ethanol research center and P7.5-billion algae bio-ethanol extraction facility both at the proposed Talibon Industrial Special Economic Zone (SEZ) in barangays Tanghaligue, Bagacay and Burgos - with expansion areas in barangays Tulang and San Jose in the adjacent town of Getafe, the upgrading of the Malinao Dam, the rice processing complex in Pilar town, dairy industry development and the Ubay seaport.

Aumentado said one requisite for the release of ODA for BCRIP 3 is the conversion of the Anda Peninsula Highway from a provincial to national road. He and Congressman-elect Arthur Yap of the 3rd District will co-author the conversion bill - and file it within the first session week of the House. Aware that the Korean ODA funds could be reverted unless used within this fiscal year, he vowed to fast track the bill's approval to meet his self-imposed timetable. - Bohol Chronicle

Popular posts from this blog

Antonio Ong Guat, the founder of Bohol Quality Store

From Sunday Post   I pay my sincerest condolences to Antonio Ong Guat, the founder of Bohol Quality Store . My family especially my late Mom owed a lot of gratitude to him. Little is known of the fact that my Mom as a school teacher, was making school teaching charts with her crude rubber printing set. I used to accompany her to Tagbilaran to buy her supplies at Bohol Quality Store, and bought her supplies direct from Ong Guat. Suki niya si Ong Guat to the point that he would attend to her when she goes to the store. In fact, nagpapautang pa siya ni Mom, which she paid when she sold her teaching materials to the new teachers. I suggest that the provincial and city governments should honor Ong Guat with a posthumous award in recognition of his efforts to be the founder of a business empire in Bohol, which has presently employed thousands of Boholanos presently. I think everybody agrees that his store sparked business to its fullest heights today. Fred Ong and his wife Babs Gonzaga we...
Read more

About Fr. Josemaria Salutan Luengo

By Atoy Cosap Relatives and friends of the late Rev. Fr. Josemaria Salutan Luengo can bid their last farewell on Tuesday before he will be laid to rest at the Tubigon Catholic Cemetery after a requiem mass at 9 a.m. at the St. Isidore Parich Church in Tubigon, Bohol  . Fr. Luengo, who had been an inspiration to many, passed away last August 29, due to complications following a stroke in 2004.  It maybe recalled that sometime in 2000, Fr. Luengo undergone a heart by-pass operation in the United States. Some of his greatest legacies of being a priest, educator, and philanthropist were the establishments of Mater Dei College and Salus Institute of Technology in Cabulijan, Tubigon, Bohol.  He also supported the studies of some deserving youth who later became priests, CPAs, mentors, engineers and other professionals. Oyong as he fondly called by his relatives and friends, Fr. Luengo founded Mater Dei College in 1983 and Salus institute of Technology in 1998.  Now, the...
Read more