Gokongwei firm adopts Boracay wetland
Excerpt
After successfully partnering with private companies, the Department of Environment and Natural Resources (DENR) was able to push for the revival of four wetlands in Boracay Island. Recently, the DENR had sealed their partnership with the JG Summit Petrochemical Corp (JGSPC) with the signing of a Memorandum of Agreement (MOA) for the rehabilitation of Boracay’s Wetland No. 8 located in Brgy Manoc-manoc. Secretary Roy A. Cimatu, signed the MOA on behalf of the DENR along with the Biodiversity Management Bureau (BMB) Director Crisanta Marie Rodriguez, and on behalf of the JGSPC, president and CEO Patrick Henry Go and vice-president Marino Agbayani signed the MOA. This new development highlighted the wetland adoption as a positive step towards biodiversity conservation.
Citation
Gokongwei firm adopts Boracay wetland. (2019, March 30-31). The Daily Guardian, pp. 13, 11.
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Department of Environment and Natural Resources (DENR) JG Summit Petrochemical Corp (JGSPC) Biodiversity Management Bureau (BMB) San Miguel Corporation Aboitiz Equity Ventures Inc. (AEV) Boracay Tubi System Inc. Gokongwei-led JG Summit Holdings Energy Development Corporation (EDC) San Miguel Corp. Aboitiz Equity Ventures Inc. (AEV) Boracay Tubi System Inc. (BTSI)
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