Monday, July 21, 2008 Tagoloan steel plant feared to back down
AFTER the temporary stoppage of Hanjin Heavy Industries and Construction Corporation's operations at the Phividec Industrial Estate in Tagoloan, Misamis Oriental, an adjacent steel plant is feared to back down.
Vice Mayor Vicente Emano is wary the steel plant may lose their desire to continue their investment since Hanjin is their number one potential client. The steel plant is located at Nabulod, Tagoloan.
"Kay katalagman gayod sa tanan kon mahinayon sila sa pagsibog kay hasta kanang steel plant sa Nabulod, Tagoloan hayan usab moatras kay kinsa pa man unya ang mopalit sa ilang mga produkto nga wala na man ang Hanjin," Emano, also a former Tagoloan mayor, said.
Emano said he would still push for the return of Hanjin in the province.
In a press statement, the vice mayor said that if authorized by President Gloria Macapagal-Arroyo, he is willing to travel to Seoul to convince the investors to proceed with the plans to put up a plant in Misamis Oriental.
Emano believes that Hanjin's pull out was a big loss for the province and the city.
He said he would exhaust all means to bring back Hanjin.
