TAGOLOAN, Misamis Oriental—Officials of the Chinese-owned Philippine Sanjia Steel Corporation called on the newly-appointed Administrator and Chief Executive Officer of PHIVIDEC-Industrial Authority Jose Gabriel "Pompee" La Viña at his office on October 20, 2020 to brief him about the corporation's latest development.
In 2018, Philippine Sanjia Steel Corporation put up an P800 million steel manufacturing plant in Tagoloan.
“We choose to establish the steel plant in Tagoloan because of its strategic location. Transporation is very convenient and accessible because it is near the port. We can build our own wharf so that the transport of materials will be easier,” said Philippine Sanjia Steel Corporation manager Zhang Dongjian.
The company is engaged in the production of steel products such as construction steels. The Sanjia Steel also targets the local market in response with President Rodrigo R. Duterte's call to reinvigorate the country's steel industry.
La Viña also assured the Sanjia Steel officials of the PHIVIDEC-IA's full support to make sure of an unhampered operation so that they could invite more friends from China to invest in the country.
The Sanjia Steel Corp. has completed the construction of their facilities and will soon hire about 500 workers from Misamis Oriental and Cagayan de Oro during its first phase of operation.
La Viña also enjoined the steel company's management to hire Filipinos in order to help their families.
"You should always treat the Filipino workers well," La Viña also reminded the visiting Sanjia Steel officials.
Aside from generating local employment, the company will also procure their raw materials from local sources. In a month, the company requires 50 to 60 thousand metric tons of raw materials.
The plant has a land area of 22.7 hectares in Barangay Baluarte, which is within PHIVIDEC Industrial Estate.