The PHIVIDEC Industrial Authority (PIA), a government-owned and controlled corporation, was established through the P.D. No. 538, as amended by P.D. No. 1491. It was mandated by its Charter to manage and supervise the 3,000-hectare PHIVIDEC Industrial Estate in Misamis Oriental.
Both foreign and local investors with export and/or domestic market can apply for registration and availment of incentives.