‘NPAs may drive away investors’

CAGAYAN Gov. Manuel Mamba expressed concern over the “unfriendly” activities of the communist New People’s Army (NPA) recently which may shoo away investors helping to boost the province’s economy.

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Mamba’s apprehension stemmed from the burning of heavy equipment of Manila-based multinational DDT Konstract in Barangay Dungeg, Santa Teresita town last Saturday.

“It is saddening that these rebels are causing violence which may bring fear among patriotic investors who wanted so much to help uplift the standard of living among Cagayanos,” he said.

Mamba said DDT Konstract, owned by Danilo Tamayo, has invested billions of pesos in projects relating to food security, particularly in fisheries, and employing more than 300 residents from Santa Teresita, Buguey and Gonzaga towns.

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