HEDCOR HANDS OVER P9.7M WORTH OF COMMUNITY SHARES IN BUKIDNON

Hedcor turned over P9,711,000 million worth of community shares to the local government unit and host communities of Bukidnon, which is pegged for the first quarter of 2022.

Hedcor recognizes its responsibility to stand in solidarity with the communities. “Hedcor will continue to realize our host communities’ dreams and aspirations with life-changing impact; and become a beacon of hope that has the power of creating sustainable change,” said Rolando Pacquiao, President and COO.

Said amount is equivalent to one fourth centavo to one centavo per kilowatt-hour (P0.0025-P0.01/kWh) electricity sales. The computation is based on Hedcor’s Memorandum of Agreement with its host communities generated from the total attributable energy sales of Manolo Fortich 1 and 2 hydros.

The provincial government pledged to use the funds to implement relevant projects that benefit the community. “We thank Hedcor for being steadfast in their commitment to the implementation of our MOAs. We are excited to witness and to continuously partner with Hedcor for the conscious and consistent positive change that these funds will bring to our communities,” said Governor Rogelio Neil Roque.

Distribution will be P1.7M for the Province of Bukidnon and Municipality of Manolo Fortich respectively; while P1.2M is for the Municipality of Impasug-ong.

Moreover, impacted communities in Manolo Fortich also received their shares. P800K for Barangay Santiago; P600K for Barangay Guihean and Guilang-Guilang respectively; P500K for Barangay Lingion; and P200K for Barangay Dalirig.

To further strengthen the rich culture and tradition of our IP brothers and sisters, community shares allocated for their development programs are also realized-P400K is for the Santiago Tribal Community, Inc., Impakibel; Apo Man Asilan Tribal Association; and Maluko Barangay Council respectively. P300K goes to the Lumikapaw ka Guihean Tribal Council of Elders; and Guilang-Guilang Apo Datu Nanikunan Association Inc. respectively. Finally, P100K is for Buklod Kayantang Tribal Association Inc.

Aside from the annual shares, Hedcor consistently conducts projects focusing on health, education and livelihood.

Liza Muga

Admin

Date Posted: October 01, 2022

Related Post

LGU MANOLO FORTICH RECOGNIZES OUTSTANDING UTANAN SA TUGKARAN PARTICIPANTS THROUGH AWARDING CEREMONY By Editor November 18, 2024

15TH BATCH OF FFS CORN PRODUCTION OFFICIALLY AWARDS ITS 27 GRADUATES By Editor November 14, 2024

HEDCOR, ABOITIZ FOUNDATION BOOST ‘BOTIKA NG BAYAN’ IN BUKIDNON By Editor November 14, 2024

FBS LAUNCHES 6TH BATCH TO TRAIN POTENTIAL AGRICULTURAL ENTREPRENEURS IN MANOLO FORTICH By Editor November 08, 2024

WHY CHAMPIONING INDIGENOUS PEOPLE IS IMPORTANT FOR HEDCOR By Editor October 30, 2024

MANOLO FORTICH RECOGNIZES LUMAD MANOLEÑOS THROUGH INDIGENOUS PEOPLES MONTH CELEBRATION By Editor October 28, 2024

2ND PIMAM TRAINING KICKS OFF TO ADDRESS MALNUTRITION IN MANOLO FORTICH By Editor October 28, 2024

LCAT- VAWC UNDERGOES 2-DAY SEMINAR CONDUCTED BY MANOLO FORTICH MSWD By Editor October 21, 2024

TAYO ANG KALIKASAN MOVEMENT MEMORANDUM OF UNDERSTANDING SIGNING By Editor October 17, 2024

OVER 137 RUNNERS JOINS FIRST EVER RUN FOR LOVE IN MANOLO FORTICH By Editor October 16, 2024