Phividec may boot out raided steel plant from Misamis ecozone

Phividec may boot out raided steel plant from Misamis ecozone

CAGAYAN DE ORO CITY—The management of Phividec Industrial Authority (PIA), which operates the 3,000-hectare economic zone in Misamis Oriental that hosts the manufacturing plant of Chinese-run Philippine Sanjia-Steel Corp., is eyeing the cancellation of its lease contract following allegations the company violated the country’s labor, immigration and nuclear safety regulations. Joseph Donato Bernedo, PIA general

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