Hijo plantation, Inc. (HPI) is an abaca plantation in the 1940s. It was bought and converted in 1966 into a banana plantation by Apo Fruits Corporation. HPI expanded to become one of the largest plantations in the region and became the flagship company of Hijo Group, which was later renamed Hijo Resources Corporation (HRC).

HRC is currently a Davao del Norte-based diversified company with business interest in Leisure and Tourism, Agribusiness, Property Development and Port Operations. It is presently developing its 760-hectare property in Madaum, Tagum City into a mixed development anchored on Leisure and Tourism, an international port, and agro-business estate complex, with complementary commercial and residential developments.

To complement the industrial estate and be able to accelerate the development of the property, the company plans to create a middle-to-high-end major Leisure/Tourism destination to take advantage of the natural landscape and beauty of the property. The company hopes to attract domestic as well as foreign tourists, and put Tagum City in the Philippine Tourism Map.

The 760-hectare property has about 4.5 kilometers of beach line, two rivers lined with mangroves, a 60-hectare second growth forest, home to wild pigs, monkeys, birds and other animals, atmosphere of a former banana and coconut plantation, and other features suited to tourism development. Currently there is a beach resort, Banana Beach, open to the public; a boutique hotel resort called Lanikai; a fishing village named The Spot and other features for tourism. However, only the 325-hectare of its property is registered as a Mixed Use Tourism Zone with the Tourism Infrastructure and Enterprise Zone Authority (TIEZA).