By Alena Mae
S. Flores | Posted on Dec. 29, 2012 at 12:01am
SN Aboitiz
Power Corp.-Benguet Inc., a joint venture between SN Power of Norway and
Aboitiz Power Corp., turned over more than P80 million in property tax to two
towns of Benguet province for operating the Ambuklao and Binga hydropower
plants.
SNAP Benguet
president and chief executive Emmanuel Rubio handed over the checks worth
P22.21 million to local officials of Itogon town and P61.35 million to
executives of Bokod town.
“SNAP has
always been and will always be committed to creating shared value in its host
communities. We hope the taxes we are paying today contributes to the
development of our host communities and the people of Benguet as we all strive
to make a difference in their lives,” Rubio said.
Bokod Mayor
Mauricio Macay, Itogon Vice Mayor Noel Ngolob and councilors of the two towns
witnessed the turn-over of the checks at the Palispis Hall in La Trinidad,
Benguet on Dec. 20
SNAP Benguet
assistant vice president for legal and compliance Dixie Dugan and tax and
regulatory compliance manager Edward de Leon also attended the ceremony.
___________________________________________________
