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