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MANILA, Philippines--About 1,000 hectares of land in Aurora province, northeast of Manila, will soon become a P7-billion port city, says R2 Builders, the developer tapped for the port development project.

R2 Builders president Reghis Romero II, who heads the Chamber of Real Estate Brokers and Builders Associations, said about P3.0 billion would be needed to develop a seaport area in Casiguran town, P1.5 billion to further develop an existing airport, and P2.5 billion to build other infrastructure projects.

Romero said the project was in the planning stage. He said land development was expected to start in the next three years and the port city would be available for occupancy in 10 years.

It was announced early this year that the Dingalan, Baler and Casiguran ports in Aurora were to be linked via roll-on roll-off shipping services and that ports in the neighboring provinces of Quezon, Isabela and Cagayan would be linked to those in Aurora. Riza T.Olchondra; edited by INQUIRER.net

• French commandos free hostages from Somali pirates
• Hong Kong ship with 22 crew taken hostage off Somalia
• French troops rescue couple from Somali pirates
• 5 missing passengers of sunken boat rescued
• Gov says she used to own cargo vessel
• Somali pirates release German, Japanese ships
• Somali pirates release two ships carrying 26 Filipinos
• No Filipino seamen in new pirate attack off Somalia -- DFA
• Cargo vessel sinks off Cebu; 13 crew safe--Coast Guard

• China wants new global monetary system
• Solons caution gov’t on privatization