Recent Articles

Aboitiz to Put up Bulk Water Supply Project in Davao

Posted by: Comments: No Comments
Category: Davao News Posted: Saturday, January 17th, 2015

Aboitiz Equity Ventures has signed a joint venture with J.V. Angeles Construction Corp. on a bulk water supply project for Davao City.

This joint project would cost Php 10 Billion and expected to be completed over the next two to three years. Read the rest of this entry »

Final Hearing on Proposed Coal Power Plant Set on May 6

Posted by: Comments: No Comments
Category: Davao News Posted: Wednesday, May 4th, 2011

The city council of Davao is scheduled to convene this coming May 6 for the final hearing of the proposed coal-fired power plant by Aboitiz in Davao. The proposal sparked debate among the people of Davao since it came out. Many people believe especially environmentalists that the project will be harmful to the health and to the environment. Aboitiz company on the other hand, assures the people of Davao that the proposed power plant project will be utilizing new technologies to minimize the harmful effects of the project to the environment. The public hearing on Friday, May 6 will be the third and probably the last.

The proposed power plant project is expected to worth Php 25 billion making it the biggest single investment in Davao once the project is approved. The power plant will be a situated on a 52-hectare property at Barangay Binugao and Inawayan in Toril, south of Davao City. Read the rest of this entry »

Aboitiz Pushes Coal-fired Power Plant in Davao

Posted by: Comments: 12 Comments
Category: Davao News Posted: Saturday, February 26th, 2011

power plant

A power plant

Aboitiz Power Corp. is pushing for the establishment of a coal-fired power plant in Davao City as it sees a coal plant as the best source of electricity when it comes to reliability, affordability and safety.

Aboitiz has decided look for new energy source after realizing that hydropower plants is vulnerable to weather conditions. The company further believes that the project will definitely help lessen the dependence to hydroelectric power and stabilize the power requirements of Davao Region. Read the rest of this entry »