A Memorandum of Agreement (MoA) was recently signed between Mitsubishi Motors Philippines Corporation (MMPC) and the Department of Environment and Natural Resources (DENR) for the second phase of its on-going plantation project. The MOA signing was held at the DENR office in Quezon City.
Present during the signing ceremony were DENR Secretary Roy Cimatu, MMPC President and CEO, Mutsuhiro Oshikiri, PENRO-Laguna, Ronilo Salac, MMPC Senior Vice President for Corporate Division, Yasuki Maruyama, and other key officials from DENR and MMPC.
The recently signed MoA is the second of its kind between MMPC and DENR and covers 30 hectares of forestland in Barangay Kapatalan, Municipality of Siniloan, Laguna. MMPC shall provide Php 1.3 million to initially cover the implementation of the various activities such as site preparation, seedling production and protection of the established plantations.
In 2017, MMPC and DENR signed a Memorandum of Agreement (MoA) for a plantation convergence project that would span four to five years. The project covered 100 hectares in the areas of Region I-IVA that were qualified and endorsed by the Provincial Environment and Natural Resources Officer (PENRO). This paved the way for the first plantation project between both parties in Ilocos Norte in 2018.
In a statement, MMPC President and CEO Mutsuhiro Oshikiri said, “I commend DENR for their commitment in ensuring the sustenance of the environment in the different regions of the Philippines. For our part, MMPC is committed to stand with you in your advocacy and rest assured that we, too, will be doing our part for the betterment of the environment.”
For more information about Mitsubishi in the Philippines, visit mmpc.ph.