The Department of Environment and Natural Resources cancels its 2002 contract with Blue Star Construction Development Corporation, the developer of the well-known ecotourism site Masungi Georeserve in Rizal.
Full story: https://www.rappler.com/philippines/denr-cancels-contract-masungi-georeserve-developer/
Full story: https://www.rappler.com/philippines/denr-cancels-contract-masungi-georeserve-developer/
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00:00The Department of Environment and Natural Resources cancels its 2002 contract with Bluestar Construction Development Corporation, the developer of well-known eco-tourism site Masungi GeoReserve in Rizal
00:12DENR Assistant Secretary for Legal Affairs and Enforcement Norlito Enneran says the 2002 supplemental agreement has been canceled
00:20This due to failure to execute a government housing project and other violations
00:26The 2002 contract includes the discovery trail of the GeoReserve, which takes tourists through the famous Sapotnirik, beautiful karst formations, and rope bridges
00:36Bluestar is supposed to leave the property 15 days after receiving the cancellation letter sent on Friday
00:42Masungi GeoReserve Foundation, Inc. says they have not yet received the DENR's letter but are, quote, confident of the legal remedies available to us