Monday, May 17, 2010

10,000 more propagules planted in Lapu-Lapu City

10,000 more propagules planted in Lapu-Lapu City
VECO seals commitment to save the environment with mangrove reforestation

As its commitment to conserve the environment, the Visayan Electric Company, Inc. (VECO), together with the Philippine Business for Social Progress (PBSP) planted 10,000 mangrove propagules at the NAVFORCEN base in Lapu-Lapu City last May 15, 2010.

Fifty employee volunteers from VECO and 70 more cadets from the Navy and Philippine National Police participated in the mangrove planting activity.

The event is part of the firm's recently launched Veco Reforestation Park project, where VECO commits to plant one million trees in five years.

PBSP and VECO previously signed an agreement for the implementation of the project, which includes the planting of one million trees in 540 hectares in the Cebu Hillylands and 10 hectares of mangrove areas in Olango Island, Mactan.

VECO will shell out Php 19.4 million for the project.