Development of a 2,000-hectare Melia Dubia plantation for the production of wood chips and establishment of a pellet plant for the production of wood pellets for local and export markets. The existing 160-hectare plantation is located in kabankalan City and will be expanded in the municipalities of Mabinay, Candon and some areas in Kabankalan, Negros Occidental. The project life is targeted for 25 years.
Proponent: Candlewick Green Canopy Corporation
Estimated Project Cost = PhP 869,708,650 (USD 16,016,630)
To be presented again to the Board subject to submission and evaluation of the required documents and information
Frederick E. Lacroix
Chief Executive Officer
Unit 2401, The Trade & Financial Tower, 7th Ave., cor 32nd St. BGC