The Leyte Industrial Development Estate (LIDE) —owned by the National Development Company (NDC) — was established on November 23, 1979, by virtue of Letter of Instruction (LOI) No. 962. It integrates the economic and industrial development plans for the Eastern Visayas region by establishing therein an industrial estate where power-intensive industries may set up and may avail of the indigenous power of Tongonan Geothermal Plant. LIDE has a total area of 402 hectares. The water supply requirements, as well as the maintenance of the staff housing and recreational facilities, power distribution lines, communications, and road network within LIDE, and the community development project related to Brgy. Water Programs (BWP) were undertaken by joint projects between Philippine Phosphate Fertilizer Corporation (PHILPHOS) and Philippine Associated Smelting and Refining Corporation (PASAR) thru the LIDE Water Supply System (LWSS) and the Support Facilities Administration (SFA). In preparation for the privatization of these two (2) companies, PHILPHOS and PASAR, with the conformity of NDC, have decided and agreed to relieve themselves of the functions and delegate the same to a management body—LIDE Management Corporation (LMC)—specifically created and designed to manage the joint projects, as well as to handle the preservation and security of the whole LIDE. LMC was registered at the Securities & Exchange Commission on November 29, 1993. On May 19, 1994, LWSS and SFA was successfully spin-off as a separate corporate entity by virtue of an operating agreement signed by and among PHILPHOS, PASAR, NDC, and LMC. The operating agreement provides responsibility for the general management, supervision, and administration over LIDE, and the entire operations of LWSS, BWP, and the SFA. The LIDE Management Corporation is a management company engaged in the business involving: Water Systems. The water system consists of eight (8) deep wells, four (4) shallow wells, pumping stations, transmission, and distribution systems, which are situated in Ormoc City and Isabel, Leyte. The entire water system is owned by PASAR and NDC. Estate Management. LIDE is owned by NDC and is managed and operated by LMC.
The Leyte Industrial Development Estate (LIDE) —owned by the National Development Company (NDC) — was established on November 23, 1979, by virtue of Letter of Instruction (LOI) No. 962. It integrates the economic and industrial development plans for the Eastern Visayas region by establishing therein an industrial estate where power-intensive industries may set up and may avail of the indigenous power of Tongonan Geothermal Plant. LIDE has a total area of 402 hectares. The water supply requirements, as well as the maintenance of the staff housing and recreational facilities, power distribution lines, communications, and road network within LIDE, and the community development project related to Brgy. Water Programs (BWP) were undertaken by joint projects between Philippine Phosphate Fertilizer Corporation (PHILPHOS) and Philippine Associated Smelting and Refining Corporation (PASAR) thru the LIDE Water Supply System (LWSS) and the Support Facilities Administration (SFA). In preparation for the privatization of these two (2) companies, PHILPHOS and PASAR, with the conformity of NDC, have decided and agreed to relieve themselves of the functions and delegate the same to a management body—LIDE Management Corporation (LMC)—specifically created and designed to manage the joint projects, as well as to handle the preservation and security of the whole LIDE. LMC was registered at the Securities & Exchange Commission on November 29, 1993. On May 19, 1994, LWSS and SFA was successfully spin-off as a separate corporate entity by virtue of an operating agreement signed by and among PHILPHOS, PASAR, NDC, and LMC. The operating agreement provides responsibility for the general management, supervision, and administration over LIDE, and the entire operations of LWSS, BWP, and the SFA. The LIDE Management Corporation is a management company engaged in the business involving: Water Systems. The water system consists of eight (8) deep wells, four (4) shallow wells, pumping stations, transmission, and distribution systems, which are situated in Ormoc City and Isabel, Leyte. The entire water system is owned by PASAR and NDC. Estate Management. LIDE is owned by NDC and is managed and operated by LMC.
The Leyte Industrial Development Estate (LIDE) —owned by the National Development Company (NDC) — was established on November 23, 1979, by virtue of Letter of Instruction (LOI) No. 962. It integrates the economic and industrial development plans for the Eastern Visayas region by establishing therein an industrial estate where power-intensive industries may set up and may avail of the indigenous power of Tongonan Geothermal Plant. LIDE has a total area of 402 hectares. The water supply requirements, as well as the maintenance of the staff housing and recreational facilities, power distribution lines, communications, and road network within LIDE, and the community development project related to Brgy. Water Programs (BWP) were undertaken by joint projects between Philippine Phosphate Fertilizer Corporation (PHILPHOS) and Philippine Associated Smelting and Refining Corporation (PASAR) thru the LIDE Water Supply System (LWSS) and the Support Facilities Administration (SFA). In preparation for the privatization of these two (2) companies, PHILPHOS and PASAR, with the conformity of NDC, have decided and agreed to relieve themselves of the functions and delegate the same to a management body—LIDE Management Corporation (LMC)—specifically created and designed to manage the joint projects, as well as to handle the preservation and security of the whole LIDE. LMC was registered at the Securities & Exchange Commission on November 29, 1993. On May 19, 1994, LWSS and SFA was successfully spin-off as a separate corporate entity by virtue of an operating agreement signed by and among PHILPHOS, PASAR, NDC, and LMC. The operating agreement provides responsibility for the general management, supervision, and administration over LIDE, and the entire operations of LWSS, BWP, and the SFA. The LIDE Management Corporation is a management company engaged in the business involving: Water Systems. The water system consists of eight (8) deep wells, four (4) shallow wells, pumping stations, transmission, and distribution systems, which are situated in Ormoc City and Isabel, Leyte. The entire water system is owned by PASAR and NDC. Estate Management. LIDE is owned by NDC and is managed and operated by LMC.