Itogon receives P1M for development projects
Posted on | Tuesday 22 March 2011 | No Comments
by Susan Aro
ITOGON, Benguet, Wednesday March 23 – This town will again receive P1 million corporate social responsibility fund from SN Aboitiz Power Benguet earmarked for development projects.
A memorandum of agreement was forged last week between SNAP Benguet and the LGU to pursue community projects on education, reforestation, capability building, and skills training.
This is apart from the town’s share of national wealth taxes derived from the operation of the Binga Hydroelectric Power Plant. This town hosts Binga dam operated by SNAPB since 2008.
According to SNAPB vice president for Corporate Affairs, Michael Hosillos, a yearly P1 million CSR fund is being allocated to the town intended for priority projects of the community.
SNAPB will ensure the proper utilization of the CSR-funded projects and will further undertake monitoring activities. * (PIA CAR)
ITOGON, Benguet, Wednesday March 23 – This town will again receive P1 million corporate social responsibility fund from SN Aboitiz Power Benguet earmarked for development projects.
A memorandum of agreement was forged last week between SNAP Benguet and the LGU to pursue community projects on education, reforestation, capability building, and skills training.
This is apart from the town’s share of national wealth taxes derived from the operation of the Binga Hydroelectric Power Plant. This town hosts Binga dam operated by SNAPB since 2008.
According to SNAPB vice president for Corporate Affairs, Michael Hosillos, a yearly P1 million CSR fund is being allocated to the town intended for priority projects of the community.
SNAPB will ensure the proper utilization of the CSR-funded projects and will further undertake monitoring activities. * (PIA CAR)
Category:
Benguet
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