Creation of LIDE Leyte Industrial Development Estate (LIDE) was established in November 1979 through Letter of Instruction No. 962 to spur economic development in Region VIII and as prime site for heavy industries. The LIDE property is owned by the National Development Company, a government-owned and controlled corporation, attached to the Department of Trade and Industry. LIDE has been proclaimed as Special Economic Zone (SEZ) under RA 7195 as amended by RA 8748 or the Special Economic Zone Act of 1995. LIDE Industry Locators
Major Locators Industry/Product
Philippine Phosphate Fertilizer Corporation Phosphate fertilizer
Philippine Associated Smelting and Refining Corporation Copper Smelter and refinery. Primary product is electrolytic copper cathodes
Century Hua Guang Smelting, Inc. (new locator) Ferronickel
Other Locators:
Cleanaway Philippines, Inc. Industries' hazardous/toxic wastes management
ALC Tonggo Fertilizer Manufacturing Aluminum sulfate
Scorpio Cable Vision Cable TV network
FAG Machine Shop and Services Co. Fabrication shop of industrial parts
Islacom, Eastern Visayas Telecom, SMART Comm, Inc. Telecommunications
Petron Corporation Fuel (for the requirements of industry locators)
LIDE Management Corporation Supervise/manage the Estate and the LIDE Water Supply System
Feature of the Estate LIDE Location: Municipality of Isabel, Northwestern part of the Province of Leyte, Philippines. It can be reached from Manila via airlines to: a. Cebu City, then a fast craft to Ormoc City, from there a 40-minute ride to LIDE; or b. Tacloban City, then ride a chartered or passenger bus for about 3-hours to LIDE. Total Area: 420 hectares Available Area: 50-hectares may be developed further for other industries for lease or sale to interested locators. Support Facilities and Amenities: Security, port and cargo handling facilities, communication facilities, airstrip, reliable water system, fuel tank farm, recreational facilities and direct power connection at Tongonan Geothermal Power Plant. Administration of LIDE The LIDE Management Corporation (LMC) was organized and incorporated to manage and administer the entire LIDE complex.
Income Statement is not available Balance Sheet is not available Cash Flow is not available