CMP signs MOA with SNAPM
Governor Carlos M. Padilla, representing the Provincial Government of Nueva Vizcaya, signed a Memorandum of Agreement (MOA) with Engineer Wilhelmino Ferrer, AVP/Plant Manager of SN Aboitiz Power-Magat, Inc. (SNAPM), recently for the funding of the Bamboo Plantation Project of the province.
SNAPM has approved and appropriated an estimated amount of P700,000.00 for the project under its Corporate Social Responsibility (CSR) Fund. The bamboo plantation will be established in the Lower Magat Eco-tourism Park in Diadi town. The PLGU will shoulder the excess cost that may arise due to underestimation or price escalation in the implementation of the project.
Witnessing the MOA signing were Engr. Edgardo Sabado of PPDO, Forester Tito Tanguilig of PENARO, Edralin Gabrillo of LMET, Melvin Estrada from PTO, Veronica Adsuara, Community Relations Officer of SNAPM and Elmer Raros from PENARO, who will be incharged in the plantation project . #bg