Victorias Inks Perpetual Right To Use Deal With VMC-CDC



on Monday, September 18, 2017

The City Government of Victorias and Canetown Development Corporation (CDC), a subsidiary of Victorias Milling Company (VMC) signed the agreement on the perpetual right to use of the 10-hectare land in Brgy. XIX-A, Victorias City, at the Mayor’s Conference Room.

The land to be donated shall be used as housing relocation site of the informal settlers within VMC and Daan Banwa.

Victorias City was represented by Mayor Francis Frederick Palanca, VMC, the mother company of CDC was represented by its President and CEO Eduardo Concepcion and CDC by its President and General Manager Roy Hautea.

Third District Representative of Negros Occidental Alfredo Abelardo Benitez, head of Committee on Housing in the House of Representatives and lead convenor of the Visayan Bloc, also joined the signing.

Mayor Palanca fully supports the program of Cong. Benitez and his initiation of the donation from VMC as he also expressed his gratitude to VMC for the life-changing deed, “A big part of what Victorias is now, we owe it to VMC. We are most grateful to VMC for attending to the need of its close to or over a thousand informal settlers.”

Cong. Benitez lauded VMC, its management and board for its generous gesture with the assurance from the local and national government, “We will make sure that it is properly designed, properly planned to create a viable community so that donation does not go to waste.” Furthermore, Concepcion supports the vision of Mayor Palanca and Cong. Benitez in building a model community, “What we are having now is part of VMC being a good corporate citizen”, he said.

Along with Cong. Benitez are District Coordinator on Housing Concerns Marie June Castro, his Media Consultant Laarni Aguilar and Geographical Coordinator Alana Montepio.

VMC Chief Administrative Officer Atty. Eva Rodriguez and VMC Asset Management Department Head Moises Romy Depasucat graced the event.

Victorias City officials, punong barangays, department, section and division heads, and City stakeholders and guests witnessed the activity.*