Firm puts up P365M housing project for cops, soldiers in Maguindanao PDF Print E-mail
Sunday, 31 March 2013 14:12

Soldiers and policemen assigned in the northern part of Maguindanao province are soon to have their own houses under a colossal housing project of a pioneering private entity investing P365 million for the venture.

The houses are to be built by the Bumbaran Development Corporation (BDC) at Barangay Sarmiento in the seaside Parang town in the first district of Maguindanao.

The project was launched Wednesday by DBC representatives and officials of the Autonomous Region in Muslim Mindanao led by Gov. Mujiv Hataman and the ARMM’s police director, Chief Supt. Noel Delos Reyes.

The BDC, which is engaged in housing projects in Mindanao, is operating with an investment certificate issued by the ARMM’s Regional Board of Investment.

The BDC aims to construct 1,500 units of “affordable houses” for soldiers and policemen at a strategic area in Barangay Sarmiento.

Hataman said the project will also generate employment for some 700 carpenters, masons, electricians and plumbers, whose skills will be needed in the construction of the houses.

As a special incentive, the ARMM government is to grant BDC “tax holidays” and other technical assistance for having earmarked P365 million for the housing project, through the Regional Board of Investments.  

The municipal mayor of Parang, Ibrahim Ibay, said the housing project will also boost the economy of their municipality.

The ARMM’s regional police headquarters is located at Camp S.K. Pendatun about a kilometer west of the town proper of Parang.

The headquarters of the Philippine Army’s 603rd Brigade is nearby Barira town, also in Maguindanao.

“If there are 1,500 families of soldiers and policemen to reside in that housing project, vendors in our market, suppliers of rice and other food provisions, will earn more and more earnings by the business sector means more tax collections by our local government unit,” Ibay said.

The launching of the housing project was attended also attended by the commander of the Army’s 6th Infantry Division, Brig. Gen. Romeo Gapus.