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Apr 2, 2018 @ 17:03

DENR breaks ground for Bangui dev’t projects with Mitsubishi

The Department of Environment and Natural Resources (DENR) said it has recently broke ground on the first phase of its 100-hectare enterprise development project with auto giant Mitsubishi Motors Philippines Corp. (MMPC) in the town of Bangui in Ilocos Norte province.

The first phase consists of a 30-hectare coffee and cacao plantation, and development of the historical Sentinella Hill into an eco-cultural tourist destination.

Environment Secretary Roy Cimatu said the DENR-MMPC joint venture project seeks to rehabilitate 100 hectares of forestland through sustainable integrated area development (SIAD) approach, which harnesses a community’s natural wealth to achieve sustainable and inclusive growth within the local economy.

“In pursuit of sustainable and inclusive growth, our government under the administration of President Duterte necessarily employs a participatory approach,” Cimatu said.

Under the joint venture, MMPC would provide funds for SIAD projects to be identified by the DENR which, in turn, will provide the technical requirements in terms of manpower skills and government support.

MMPC will initially release some P2.6 million for the two undertakings.

Cimatu underscored the importance of DENR’s “convergence approach” with the private sector and the local government to achieve equitable growth that will “improve the ecological condition of the country as well as the socio-economic status of the community.”

Under the agreement, MMPC is also given a chance to transform a total of 100 hectares of forestland into SIAD sites anywhere in the country within a span of four to five years.



 

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