Monday, September 01, 2008

PBSP’s Buhisan watershed rehab project gets support

Cebu Daily News
First Posted 10:13:00 08/31/2008

Property developers Landco Pacific Corporation (Landco) and its partner, Genvi Development Corporation joined the Philippine Business for Social Progress (PBSP) in the Central Visayas to help the PBSP in their advocacy to rehabilitate the Buhisan watershed in barangay Buhisan, Cebu City.

Representatives of the two realty firms signed a memorandum of agreement with the PBSP for the “Save the Buhisan Watershed” project late last month.

Landco and Genvi agreed to provide P350,000 to PBSP for the purchase of indigenous tree species for the period August 2008 to July 2010.

Employee volunteers from the two companies will conduct occasional visits to the site to monitor the trees planted.

The PBSP will assign a reforestation site within the Buhisan watershed and forest reserve where Landco and Genvi can plant trees.

Landco executive vice president Francis Ceballos said the company's partnership with PBSP is part of Landco's efforts toward the welfare of the community and the environment, especially those where their projects belong.

Landco is the developer of Monterrazas de Cebu, a 200-hectare premier mountain development that transverses barangays Labangon, Guadalupe and Banawa in Cebu City.