PROJECT WATCH: US-based firm to put up $100-M engineered bamboo manufacturing plant in Cagayan de Oro

A US-based building materials company has invested $100 million for an engineered bamboo manufacturing facility in Cagayan de Oro City, Philippines. Among Rizome Philippines’ manufactured products include panels, boards, and veneers. It buys bamboo from agrarian reform beneficiaries in Bukidnon, North Cotabato, and the Agusan and Surigao provinces.

Rizome currently operates a plant along Malasag Road in Cugman, Cagayan de Oro City.

photo by LGU Monkayo
photo by LGU Monkayo
photo by LGU Monkayo
photo by LGU Monkayo
photo by LGU Monkayo
photo by LGU Monkayo
photo by LGU Monkayo
photo by Jim Baula
photo by Jim Baula

with images by Rizome Philippines

Read more details at BusinessWorld below.


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