Editor’s note: This press release is sponsored by SM Supermalls and was handled by BrandRap, the sales and marketing arm of Rappler. No member of the news and editorial team participated in the publishing of this piece.
But that story has changed since the National Resilience Council placed the two cities under its Adopt-A-City program which opens up opportunities for LGUs to partner with the private sector. Naga and CDO partnered with SM Prime Holdings, one of the leading property developers in Southeast Asia that is committed to providing safe and sustainable spaces for its stakeholders.
NRC’s Adopt-A-City Program is a city-specific partnership model responding to the Philippines’ commitments under the Sendai Framework for Disaster Risk Reduction, the advancement of the Sustainable Development Goals, the agreements on Climate and the New Urban Agenda. The city also prioritized its education and environmental programs with the construction of school buildings, upgrade of the TechVoc Institute, as well as a P152.7 million investment in equipment and training.
“This ensures available assistance through formal and non-formal financing channels for small businesses to further secure people’s livelihood and help the local economy,” Naga City mayor Nelson S. Legacion explained.
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