The province of Quezon, in particular the city of Candelaria, will soon become the world's largest plant for the production of steel wire rod after the Steel Asia processing complex in Barangay-Malaban-Sur is laid here.
Governor David Suárez welcomed investors to Steel Asia, one of the largest steel companies in the country, to place their investments in the provinces, which will reinforce Quezon’s recent success in Calabarzon’s fastest growing economy, Calabarzon’s regional office of National Economic Development Administration reports. ,
“We welcome you, thank you for coming to Quezon province.” This is a good way to end my term in June. At the very least, I finish my term in a high note that we were able to open a new chapter of development and give more hope to the Cossacks, who have to look for work and opportunities in other regions and other provinces, ”said Suarez at Steel. Asian investors, who opened the production site on April 29.
He said that this was part of the development plan of the provincial government in a commercial industrial district in the 2nd district, while the other three districts are in the development of the agro-industrial sector.
“At least we can tell them that in the next few years, jobs can be created right here in Quezon province, especially in this city of Candelaria,” he added.
The governor of the province said that the plant for the production of wire rod is a good omen for the development of the province and investments, such as a project to expand the toll and highways (TR4), processing plants, industrial parks and others.
He also thanked Steel Asia for the confidence placed in the provincial government in the implementation of the steel supplied by the flagship company for the production of more than two million tons of processed steel ingot per year.
Benjamin Yao, who hails from Lukban, Quezon and Chairman of the Board of Directors and Chief Executive Officer of Steel Asia, expressed his gratitude to his company for the cooperation and support of both the provincial and Candelari municipal authorities in the implementation of the steel production project.
“In the province of Quezon, in the municipality of Candelaria and in the city of Barangai in Malaban-Sure, the most accurate, most efficient and most environmentally friendly plant for the production of wire rod in the world will be located. This is something to be proud of, ”said Yao.
