REVENUES and livelihood are seen to be generated in the province of Zambales as Filipino investor and a Korean businessman expressed keen interest to invest in the locality through a joint venture.
Particular projects being eyed are dredging and desilting of the river channels in the province that have been clogged with lahar sand.
AJ Marketing and Consultancy Services (AJMCS), a partnership between Filipino businessman Jonathan Mendoza and Korean Andrew Lee, signed a Memorandum of Agreement (MOA) with L. C. Soliman Marketing headed by Lydia Soliman.
Actual location of the projects being eyed by the joint venture is the Sitio Nahuko River in Barangay Santa Fe, San Marcelino town.
Mendoza said the project will clear the river of lahar sand, an important material that can supply requirement of their infrastructure projects under the government’s “Build, Build, Build” program.
“We are aware that Gov. Deloso wants the rivers in Zambales dredged and desilted so that the residents of the province will not suffer from floods so we are happy to embark on this project,” Mendoza said.
The partnership with the Korean was also a result of Duterte’s recent visit to South Korea where he called upon Korean businessmen to come and invest in the Philippines, Mendoza said.
“Mr Lee is one of the 15 Korean investors who answered the call of the President,” Mendoza said.
The sand to be removed from Sitio Nahuko River will be taken to Cebu where Mendoza’s company has a 400-hectare reclamation project.
Aside from benefitting the Aetas, Mendoza said the new venture will also provide additional revenues to the provincial government in terms of taxes and livelihood for the town residents.
The projects, he added, will be done in close coordination with the provincial government as well as the Department of Environment and Natural Resources to ensure environment protection.
Mendoza said he and his Korean partner will bring in new technology to implement the project.
The plan looks good. Let’s just hope it’s as good as how it’s going to be done.
Ting sustain education campaign in La Union
Businessman Jolly Ting is also doing a great job this time in La Union by sustaining his advocacy in education.
Likas Diwa Foundation Inc., the corporate social responsibility arm of Metro Agoo Waterworks Inc. recently donated 1,579 books to 15 public elementary schools in Tubao, La Union.
MAWI is a subsidiary of Calapan Waterworks Corp., the water unit of Jolliville Holdings Corp. led by Ting.
MAWI launched its water operations in Agoo in 2016 and expanded its service area to include several barangays in the neighboring town of Aringay. Tubao is the source of the water supply.
Jolliville Holdings Corp. vice president Eric Montelibano, MAWI general manager Alex Manto and Likas Diwa Foundation managing director Marisol Lim Ybañez led the turnover of the books to the principals of the 15 public schools at Tubao Central Elementary School in the presence of Tubao Mayor Dante S. Garcia last May 25.
Ybañez said the book donation represents MAWI’s Library Enhancement and Appreciation Development (LEAD) program which aims to boost the school library materials in support of the Department of Education’s “Adopt a School” program.
“This initiative is intended to improve the library materials of the schools by increasing the number of available reference books in their library,” she said.
She said the books with a total value of P110,530 were sorted and donated to 4,268 pupils of 15 elementary schools in Tubao.
Manto, for his part, said the book donation is just one of the CSR programs of Likas Diwa Foundation and that many more CSR programs will be implemented in the area soon.
“Likas Diwa Foundation and MAWI believe that this program will improve the quality of education and encourage the students to read in order for them to widen their knowledge,” said Manto.
Ting hails from Mindoro where he is known as a strong advocate for education, having sponsored the schooling of many poor but deserving students.