The project is the second of two (2) IAD project in Region 10 which
NACIAD PREPAED IN 1983, the other being the Bukidnon IAD Project now
seeking ODA funding through the initiative of the Local Government.
Despite NACIAD's abolition in 1986, both the Provincial Government of
Agusan del Norte and Surigao del Norte pursued the proposal and
eventually secured funding from the office of the President in 1989
for FS preparation. The first draft of the study was complete in
August 1991, was revised and resubmitted in March 1994. The project's
cost structure was further updated on NEDA's recommendation, resulting
to a downscaled version.
The previous study proposed a cut-off open channel as a main project
which will lower the lake by about 3 meters and to be able to reclaim
an area of about 2,500 hectares. However, the Agusan Power Corporation
and the Cumming Cockburn Limited of Ontario, Canada as Build-Operate
Transfer (B.O.T) taker had now completed the feasibility study. The
taker of the project is busy completing the Environment Impact
Assessment (E.I.A) component as a requirement of the DENR. The cost
of the project was not included in the cost analysis.
The Lake Mainit Integrated Area Development has a total land area of
128,175 hectares which covers fours (4) municipality for Agusan del
Norte and four (4) municipality for Surigao del Norte.