Zambo as world’s bio fuel supplier soon PDF Print E-mail
Tuesday, 01 March 2016 13:37

It’s all systems go. And if things go right as planned, the city of Zamboanga will soon become a supplier of bio fuel in the world with the establishment and construction of a plant in the city worth $500 million.

The plan of what could be the biggest investment in the city has been formalized Sunday night with the signing of the joint venture contracts between the three big companies—Metro Stonerich Corporation, Van Kessel Olie and Mackay.

The big bosses of the three companies - Mr, Pablito Yap and Engr. Ibrahim “Bong” Nuno, Chairman and President, respectively, of Metro Stonerich Corporation, Joan Van Kessel, owner of the Van Kessel Olie and James Mackay, Chief Executive Officer or CEO of the Mackay green energy, agreed to combine together to put up the project believed to generate thousands of jobs.

MSC is a multimillion construction firm while Van Kessel Olie is a multimillion energy company. Mackay green energy is sole owner of the right on the bana grass in the world.

Nuno said the bio fuel plant is expected to rise in the east coast on the 3rd quarter of 2017. “The design of the bio fuel plant is still being worked out. We are tapping experts to do the job” The MSC President said.

Nuno said the bio fuel will be produced out of the bana grass which will be provided by the Mackay green energy company.

As a matter of fact, the multi million project has kicked off with the planting of bana grass in a 30 hectares lot in barangay Panubigan last Saturday morning.

“I have brought my people to supervise the planting of the bana grass. They will stay in the area to ensure the success of the growing of the bana grass. Mackay said, adding that the seeds of the bana grass came from Negros where his company is maintaining a bana grass plantation.

The group is targeting to plant bana grass on more or less 1, 500 hectares in barangays in the east coast.

“In the meantime, we will produce feeds out of bana grass. As a matter of fact Korean investors have already manifested their intentions to get all the feeds” Nuno said.

The contract signing held at Palacio del Sur was graced by District 1 Congressman Celso Lobregat, District 2 Congresswoman Lilia Macrohon Nuno and other representatives from government agencies. Mayor Beng Climaco, who was also invited did not show up.

Lobregat and Nuno hailed the project and  expressed all out support, both saying that this will put Zamboanga City in the world map.

‘We hope to contribute to the city’s socio economic growth with this project. The city has a lot of potential.” Joan Van Kessel said.