Home / News / SMC investment in building homes, communities reaches ₱3-B

SMC investment in building homes, communities reaches ₱3-B

Metro Manila (CNN Philippines, December 12) — San Miguel Corporation has invested around P₱3 billion in the 10 years since it has taken an active role in building homes nationwide.

The diversified conglomerate has teamed up with several organizations, among them Gawad Kalinga and Habitat for Humanity to build or help provide new homes for families impacted by natural disasters and to take part in various development projects since 2013.Housing is a basic need. To enable Filipinos to participate in nation-building, we must first support the family unit. Providing safe homes for those affected by calamities or without a home has been our first step to transforming their lives,” said SMC president and CEO Ramon Ang in a statement on Tuesday.SMC has built homes in Iligan City, Cagayan de Oro, Bukidnon, Negros Oriental, Davao, Surigao, and Bohol, among others.

During the pandemic, SMC’s went from building houses to advancing holistic community development. Currently, it is providing training programs on entrepreneurship, personal finance, food processing, farming, and other income-generating activities.

It has also partnered with the Technical Skills Development Authority (TESDA) to extend skills and livelihood training program nationwide.

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