Cement firm Eagle Cement Corp. is set to break ground for its new $300-million Davao plant in October. He said the new Davao plant is Eagle’s contribution to support the country’s economic growth while strengthening its position in the cement and construction industry. The company will break ground for the Davao plant on October 20, after which construction will stretch for the rest of 2016 and is expected to be completed in 2017. The Davao plant is seen to supply the increasing cement demand from robust infrastructure activities in Mindanao. Aside from Eagle’s Davao plant, the other cement plants under San Miguel group’s pipeline are located in Bulacan, Cebu, Pangasinan and Quezon.

Source: Manila Times September 28, 2016 16:52 UTC