Green Futures Innovations, Inc. (GFII), a joint venture between Japan’s Corporation and JGC Corporation, together with the Philippine Bioethanol and Energy Investments Corporation and Taiwanese holding company GCO are planning to build a P6 billion bioethanol plant in San Mariano, Isabela which will be operational by March 2012.

According to GFII president Reynaldo P. Bantug, the plant will produce 54 million liters of bioethanol and generate 100,000 megawatt-hours of electricity annually.
However, the said bioethanol project will result in the displacement of farmers and IPs, based on the National Fact Finding Mission (NFFM) conducted by Danggayan Dagiti Mannalon ti Isabela (DAGAMI), Kilusang Magbubukid ng Pilipinas (KMP) and the Rural Missionaries of the Philippines (RMP). The FFM was carried out in San Mariano, Isabela last February 22-23. An International Fact Finding Mission (IFFM) was later organized by the People’s Coalition on Food Sovereignty (PCFS), Ibon International, Asian Peasant Coalition (APC), KMP and DAGAMI last May 30 to June 3 to confirm the findings of the earlier mission and to bring the issue to the global arena.
Of the 6,000 hectares planned for the nursery site, 2,200 hectares were already used which resulted to one thousand families being displaced in 8 baranggays of San Mariano. A total of 11,000 hectares are intended for the bioethanol project. They plan on making it the country’s biggest producer of bioethanol.