Philex turns over to Tuba infra projects

>> Tuesday, May 31, 2011

TUBA, Benguet — Thousands of residents of nearly twelve sitios in barangay Camp 3 here are now enjoying benefits of infrastructure projects turned over to them by management of the Philex Mining Corp. here.

Funded from the company’s social development management program, projects included road concreting, pavement concreting and reinforcement, pathway and railings construction, flood control, retaining wall construction, spillway rehabilitation, construction of drainage systems amounting to over P4.7 million and waterworks and multipurpose building worth P8.4 million.

This year, Philex earmarked P31 million for its SDMP projects with P19 million set aside for infrastructure development in host communities.

Aside from the projects, Philex committed to develop a road leading to barangay Ansagan, one of remote villages in this mineral-rich town, as an access road.

Philex officials appealed to beneficiary communities to cooperate and actively participate in the implementation of the SDMP projects so the company will fulfill its commitment to its host communities for optimum development, especially in terms of infrastructure and sources of livelihood where people will be able to independently live once the company ceases to operate during the end of its mine life in 2017.

Philex is one of the two large-scale mining companies operating in the mineral-rich province and has sustained its status as the largest copper company nationwide despite the nearing of the end of its mine life.

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