Economy Valencia, Negros Oriental

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lanzones fruits grown in valencia exported other towns.


the economy of valencia largely based on agriculture. major products include abaca, copra, corn, flowers, vegetables, root crops, , exotic fruits such lanzones , rambutan.


the municipality site of geothermal power station operated energy development corporation. generates electricity supplies needs of negros, panay, , part of cebu. municipal government receives royalties power station.


valencia, specifically, has 20-megawatt palinpinon 2 geothermal optimization project in sitio nasuji, barangay puhagan, 35 kilometers dumaguete city. p 1.74-billion geothermal optimization (expansion) project, funded development bank of philippines (dbp) part of edc s 192-mw southern negros geothermal production field supplies power needs of 8 provinces in negros, panay, guimaras , cebu islands. valencia s 192-mw palinpinon , ii geothermal field ranks 4th in installed capacity nationwide. palinpinon field contributed $457.8 million in 2004 foreign exchange savings 2004, , generated $267 million savings january july, 2008.


because palinpinon such big source of geothermal energy, gloria macapagal-arroyo said received p 250 million in royalties, applied livelihood, education, related projects, , 50% subsidy on valencia electric bills consumers.


many residents work in nearby city of dumaguete.








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