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Gold/Mining/Energy : Fenway Resources Ltd. (FWY@V)

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To: derleo who wrote (62)1/10/1997 4:57:00 AM
From: Redempto D. Anda   of 135
 
i mentioned the case of Javlon in northern Palawan which led to the filing of an administrative case vs. the executive director of the PCSD to illustrate the point that decision-making in the PCSD tends to be irregular.

it is the same state of affairs in the PCSD that led to the endorsement of this cement projet without an EIS. Think about it, why should an environmental watchdog endorse a major project in one of the most environmentally critical area of the country without studying its environmental impact.

if i were an investor, i would treat this approval with a grain of salt. you said that Fenway told you that the DENR relies on the judgment of PCSD on whether or not to issue the EIS? maybe you should call the DENR itself (look for Undersecretary Delfin Ganapin or Undersecretary Antonio Lavi¤a) in Manila. You can even check with the PCSD secretariat here in Palawan (48)433-2698 (Mrs. Linda Bacosa) if that is really the process.

Not all parties recognize the benefit of this project to the country. Few people in the cement industry even know about this. And environmentalists have a good enough reason to be critical, because you are talking of a cement project in what is considered as the country's last environmental frontier. The entire Palawan is a declared biosphere reserve.

The South is not necessary declared an industrial zone. I saw Fenway's statement about this and I thought that that was grossly misleading. Palawan is guided by a zoning scheme called the environmentally-critical areas network (ECAN) strategy. This means that even the proposed cement plant site will have to be declared a multiple-use zone before it can proceed. Note that the bulk of the cement deposit is under a huge swath of old-growth forest, which means that the area should be regarded as a protected or core zone. A congressman here wants to declare the place industrial but his bill has yet to be approved by the House of Reps.

I don't mind if you are short or long about this issue. I appreciate frank talk and I won't mind if I play into some people's games so long as I'm talking straight. My paper has been critical not of the cement project per se but of the irregularities in the PCSD and the compromising attitude of some of our local leaders. There is no paper or media establishment here that supports the cement project.

In the case of Bolinao, they already had an ECC from the DENR. The president had to step in and allow the discontinuation of the project because of strong public opposition. The advantage of Fenway is that it was able to win some influential local politicians as allies, but the game has really just begun.

If you are interested to pick the mind of some who are in favor of this project, you may call Congressman Alfredo Abueg at the House of Representatives. See how he rationalizes his position.

Just a bit of news. The provincial board of Palawan will consider this week the approval of a resolution opposing the cement plant. If this pushes through, it will complicate the ECC question even more.

Best regards.
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