THE Iloilo City Government paid tribute to tycoons for helping the Ilonggos during the pandemic.
The City Council recently enacted “Resolutions of Conferment of Honorary Recognition to Federico R. Lopez, Enrique K. Razon Jr., and Henry Sy Jr. in View of His Benevolent Intention to Contribute to the General Welfare of His Fellow Countrymen, His Generosity, Altruism And Goodness and Declaring them as ‘Adopted Sons’ of Iloilo City.”
Lopez’s family and the Lopez Group of Companies gave P5.5 million worth of medical donations for Uswag Molecular Laboratory in Molo district, as the city boosts its efforts to stem the spread of Covid-19.
Lopez also donated 5,000 doses of AstraZeneca vaccines, which augmented the most desired supply aiming to protect 2,500 Ilonggos.
Lopez is chairman and CEO of publicly-listed companies First Gen and First Philippine Holdings Corp. (FPH). He is also the chairman and CEO of Energy Development Corporation (EDC). He is a director of ABS-CBN Corporation, vice chairman of Rockwell Land Corporation, and chairman and CEO of Lopez Holdings Corporation.
The Lopezes trace their roots to Iloilo and have been rendering help and generous effort to help combat Covid-19 through their undying support to the needs of Ilonggo people, said the City.
Razon also donated 5,000 doses of AstraZeneca to help the city ramp up its vaccination program.
Razon’s More Electric and Power Corp. took over the distribution of electricity in the metro sometime in February 2021 and embarked on major investments critical to modernization of its system, expanding capacity of all its sub-stations and significantly increased working opportunities for the people.
Razon is chairman and CEO of International Container Terminal Services Inc. (ICTSI), the Philippine port-handling giant offering container-port terminal services, which has operations in over 25 countries.
Sy's SM will build the Uswag Low-Rise Residential Buildings located at Uswag Subdivision, Barangay an Isidro in Jaro district, a two twin four-story 120-unit at 30 square meters per unit with total project cost of P217 million. It is seen to benefit qualified regular employees of City Hall.
The City said it appreciates the project, as it will greatly help its constituents considering that the cost of housing continues to rise, making it difficult for some Ilonggos to become homeowners.
It will also assist the city in accomplishing its mission to solve the housing problem for its constituents, the City said.
It added that aside from housing, Sy’s family business also contributes to the booming of the economy and the jobs of the Ilonggos.
“Out of his desire to promote the welfare of the nation, as well as that of the City Government, Sy has been part of multiple philanthropic projects aimed to help the less fortunate members of society,” it said.
Sy has been a director of SM Prime Holdings since 1994 and was appointed as chairman of the Board in 2014.
In honor of invaluable and remarkable contributions through genuine act of humanitarianism and charity, the City, led by Mayor Jerry Treñas, recognized their support.
The resolutions were sponsored by Councilor Rudolph Jeffrey O. Ganzon and seconded by Lyndon V. Acap, Lady Julie Grace L. Baronda, Ely A. Estante Jr. and Alan A. Zaldivar. (PR)