GBP partners with Iloilo City LGU for La Paz Plaza Development Project
Global Business Power Corporation (GBP) through its subsidiaries, Panay Energy Development Corporation (PEDC) and Panay Power Corporation (PPC), sealed a partnership with the Iloilo City Government for the enhancement of the La Paz Plaza – the city’s largest park and among the most visited recreation places in the area. The P15 Million public-private development project shall transform the existing plaza lagoon into a ‘Blue Koi Lagoon’ and establish a ‘Green Butterfly Garden’, targeted for implementation starting this December. Located within GBP’s two adopted barangays in Divinagracia and Lopez Jaena Norte, the improvement of Iloilo City’s widely renowned park is intended to promote the La Paz Plaza as a cultural and tourism spot.
“Being the host city of our power plants, Iloilo has been more than welcoming and supportive of our Company’s endeavors through the years. In return, we have always aimed to create and participate in meaningful projects that would help raise the quality of life and contribute to the overall wellbeing of the community”, said GBP President Jaime T. Azurin. “We sincerely hope that through this development project, we can be of assistance in elevating the La Paz Plaza as a modern recreation area for culture and sports, wherein residents and tourists could enjoy, unwind and nurture creativity”, he added.
In addition, GBP turned over Dungon seedlings to the Iloilo City LGU to aid in propagating the mangrove species within the recreation grounds. This donation aims to increase the population of the tropical wetland tree, significantly contributing to the overall restoration of various waterways and rivers traversing the city.
GBP is a wholly owned subsidiary of MERALCO PowerGen (MGen). As a member of the ONE MERALCO Group, GBP is one in powering the good life of the Filipino through meaningful partnerships with the government that aim to make meaningful impact and lasting value for the community. #