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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 1277 -
DIRECTING THE MEASURES TO FACILITATE THE IMPLEMENTATION OF THE
INTEGRATED STEEL MILL PROJECT OF NATIONAL STEEL CORPORATION, ONE OF THE
MAJOR INDUSTRIAL PROJECTS OF THE GOVERNMENT |
National Steel Corporation
The Chairman of the Board
Iron and Steel Authority
The Minister
Ministry of Budget
The Minister
Ministry of Natural Resources
The Director-General
National Economic and Development Authority
The Chairman
Board of Investments
The Governor
Central Bank of the Philippines
The President
National Power Corporation
The Director
Bureau of Lands
The Director
Bureau of Mines and GeoSciences
The Governor
Province of Lanao del Norte
The Mayor
City of Iligan
WHEREAS, National Steel Corporation (NSC) is presently embarked on an expansion program for the construction of an integrated steel mill in Iligan City, which is one of the priority and major industrial projects of the Government;
WHEREAS, pursuant to the requirements of NSC's expansion program, Proclamation No. 2239 dated Nov. 16, 1982 was issued, reserving for the use of and immediate occupation by NSC certain lands of the public domain adjacent to its existing plant in Iligan City;
WHEREAS, certain portions of the lands subject of Proclamation No. 2239, consisting of a total area of approximately 302,532 square meters, more or less, are presently occupied by an idle fertilizer plant/factory and related facilities owned by the Maria Cristina Fertilized Corporation (MCFC);
WHEREAS, pursuant also to the requirements of its expansion program, NSC needs the foreshore area adjacent to the aforesaid lands for additional facilities related to its integrated steel mill;
WHEREAS, pursuant further to the requirements of its expansion program, NSC has to close a portion of the existing national highway in Iligan City traversing its plant site (starting from the east side of Tominobo Bridge up to the west bank of Nunucan River) and is willing to construct, in lieu thereof, an approximately six kilometer diversion road (starting and terminating on the same points aforesaid but skirting its integrated steel mill complex) to serve Iligan City's vehicular traffic.
NOW, THEREFORE, for and in consideration of the aforesaid reasons and purposes, I hereby issue the following orders:
(1)
NSC shall negotiate with the owners of MCFC, for and on behalf of the
Government, for the compensation of MCFC's present occupancy rights on
the subject lands at an amount of Thirty (P30.00) Pesos per square
meter or equivalent to the assessed value thereof (as determined by the
City Assessor of Iligan), whichever is higher. NSC shall give MCFC the
option to either remover its aforesaid plant, structures, equipment,
machinery and other facilities from the lands or to sell or cede
ownership thereof to NSC at a price equivalent to the fair market value
thereof as appraised by the Asian Appraisal Inc. as may be mutually
agreed upon by NSC and MCFC.
(2) In the
event that NSC and MCFC fail to agree on the foregoing within sixty
(60) days from the date hereof, the Iron and Steel Authority (ISA)
shall exercise its authority under Presidential Decree (PD) NO. 272, as
amended, to initiate the expropriation of the aforementioned occupancy
rights of MCFC on the subject lands as well as the plant, structures,
equipment, machinery and related facilities, for and on behalf of NSC,
and thereafter cede to NSC. During the pendency of the expropriation
proceedings, NSC shall take possession of the properties, subject to
bonding and other requirements of P.D. 1533.
(3) The
Minister of Public Works and Highways shall extend assistance to NSC
for the immediate construction of the six-kilometer diversion road to
substitute for the portion of the existing national highway which shall
be closed by NSC upon the completion of the said diversion road. NSC
shall fund the construction of the diversion road but shall be
reimbursed therefor by the Ministry of Public Highways up to the amount
of P16 Million.
(4) The
Minister of Budget shall include/allocate the amount of P16 Million in
the infrastructure program budget/appropriation of the Ministry of
Public Works and Highways for the fiscal year 1984. This amount shall
be used by the Ministry of Public Works and Highways to reimburse NSC
for its expenses for the construction of the diversion road as
aforesaid.
(5) Government
agencies concerned shall grant NSC all necessary permits for the
construction of the diversion road and the closure of a portion of the
existing national highway, such as right of way, etc.
(6) The
Governor of Lanao del Norte and the Mayor of Iligan City shall likewise
grant NSC all necessary permits for the purposes above-said.
(7) The Board
of Investments shall approve as a pioneer project the integrated steel
mill under P.D. 1789.
(8) The
National Power Corporation shall provide adequate power to meet the
requirements of the integrated steel mill project through the year 1990
and shall make whatever provisions are required in its previously
approved power development program.
(9) The
Central Bank of the Philippines shall include in its foreign credit
budget for the years 1982 and 1983 the financing required for this
project.
(10) The
Investment Coordinating Committee of the National Economic and
Development Authority shall expedite the approval of this project
considering that this is one of the 11 major industrial projects
designated by the President.
(11) All other
government agencies and entities concerned shall extend immediate
assistance and cooperation to NSC for the accomplishment of the
aforesaid purposes.
This Letter of Instruction shall take effect immediately.
DONE in the City of Manila, this 16th day of November, in the year of Our Lord, nineteen hundred and eighty-two.
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