MGB-10 Regional Director Rex S. Monsanto (6th from left) signed and approved the SDMP Fund Allocation of Holcim Resources and Development Corporation (HRDC). Standing is Mayor Zosimo Perez (5th from left) with 5 Barangay Captains of SDMP identified mining communities.
The Annual Social Development and Management Program (ASDMP) Fund for CY 2017 in the total amount of Php14,986,387.74 allocated by Holcim Resources and Development Corporation was signed and approved by MGB-10 Regional Director Rex S. Monsanto on March 29, 2017 during the signing ceremony held in Cagayan de Oro City.
The approval signals the utilization of the said fund to finance SDMP projects that provide delivery of social services to the mining community based on the following pillars: Livelihood, Health, Education, Infrastructure and Protection and Respect of Socio-Cultural Values.
The Social Development and Management Program has been on its first year on its 4th phase of implementation under the regime of Responsible Mining.