Three investors have submitted proposals to the Iwahig Prison and Penal Farm (IPPF) for the reopening of the Iwahig river firefly watching tour, the Bureau of Corrections (BuCor) announced Tuesday.
BuCor director general Nicanor Faeldon said that the agency will select proponents capable to pay the agreed share that will be part of the joint venture agreement (JVA).
“If there will be a single proponent na maganda ‘yong kanyang proposal, baka siya mabibigyan namin. It’s a joint venture agreement. Maybe next month, matapos na ‘yong evaluation,” he said.
Faeldon said that the IPPF will submit the proposals to his office for evaluation.
He also said that the agency will be careful to avoid the same problem they had with the former operator of the tour, the Iwahig Community Eco-Tourisn Multi-Purpose Cooperative (ICEMCO).
BuCor said this is because ICEMCO violated some provision of their memorandum of agreement (MOA).
The evaluation may end in September and the re-opening of the firefly watching tour can be expected soon.
