Gokongwei plans more power, ethanol projects in Negros
By Carla P. Gomez
Tycoon John Gokongwei Jr. has announced plans to put up power and ethanol plants on Negros Island.

Tycoon John Gokongwei Jr. has announced plans to put up power and ethanol plants on Negros Island.
Business tycoon John Gokongwei Jr. apparently has the vote of the people in this city. The third richest entrepreneur in the Philippines was declared honorary mayor and adopted son of Bacolod City during rites held last Thursday at the L Fisher Hotel here.
A deal between the business group of tycoon John Gokongwei Jr. and Japanese businessman Kazuo Okada is imminent and a preliminary deal may be signed “in a few days,” a reliable source tells Biz Buzz.

The gaming and entertainment mecca rising on a reclaimed area south of Manila is the latest playground of the country’s billionaires.