Korean investors in De Oro go into real estate

The mayor said that the influx of Korean and other foreign investors speaks of the growing trust and confidence placed by the international business community on the city government as an investor-friendly local government unit.

Aside from the Korean investments, two other giant construction companies in the country have reportedly expressed interest to undertake the reclamation of more than 280 hectares of land in two barangays in the city.

These projects include a 60-hectare reclamation project in Bonbon and another 160 hectares in Barangay Bayabas.

Once completed, Emano said, these reclamation projects are ideal for warehouses, subdivisions and private wharves, among others.