Davao Light, Panabo City break ground for multi-purpose project

Aboitiz-owned electric utility Davao Light & Power Co. and the local government of Panabo City broke ground last October 15, 2012 to signal the start of the construction of a P1.2 million multi-purpose center. 
The project which will rise right at the back of the new Panabo City Hall is a one-storey structure with tiled floors and collapsible divider to allow a bigger crowd to use the facility. As the name implies, the facility will give the constituents of Panabo City venue for activities that include trainings and seminars, programs and meetings. 
Davao Light Panabo branch manager and Asst. Vice President Engr. Reynold Felix and Mayor Jose L. Silvosa of Panabo led company and LGU officials in the ground breaking rites. 
The project is offered by Davao Light through its Aboitiz Foundation, Inc. (AFI) to the LGU of Panabo City after it was manifested by the local officials that one of the most pressing needs of the city is a multi-purpose center. This need was confirmed by the electric utility’s Corporate Social Responsibility (CSR) unit. 
The company is donating the 70 percent of the project cost while the LGU commits to raise a 30 percent counterpart as agreed in the Memorandum of Agreement entered into by the partner entities. 
Davao Light hopes to complete the multi-purpose center project in less than two months time and turn over the same before the end of the year.