Mitsubishi Motors Philippines Corporation and the Department of Environment and Natural Resources have just broken ground into the second phase of their ongoing plantation project.
Both parties recently signed the Memorandum of Agreement at the DENR office in Quezon City.
The second phase of the project encompasses 30 hectares (300,000 sq m.) of forestland located in Barangay Kapatalan, Siniloan, Laguna.
MMPC will provide Php 1.3 million to oversee the implementation of various site activities such as preparing the land, seedling production, and further protection of the established plantations.
The first phase of the project took place last 2017, when MMPC and DENR signed a MOA which covers 100 hectares (1,000,000 sq m.) of land within 4-5 years in the various areas of Region I-IVA. This paved the way for the first plantation project between both parties in Ilocos Norte last 2018.
DENR Secretary Roy Cimatu, MMPC President and CEO, Mutsuhiro Oshikiri were present during the signing, along with MMPC Senior Vice President for Corporate Division, Yasuki Maruyama, and other key officials from DENR and MMPC.
MMPC President and CEO Mutsuhiro Oshikiri shared, “I commend DENR for their commitment in ensuring the sustenance of the environment in the different regions of the Philippines. For our part, MMPC is committed to stand with you in your advocacy and rest assured that we, too, will be doing our part for the betterment of the environment.”
Copyright © Carmudi 2014-2024. All Rights Reserved.