San Miguel Corp. (SMC) announced last Tuesday it has set P500 million as financial assistance to fishers’ families in Cavite that will be affected by the construction of its New Manila International Airport (NMIA) project. Know more:
SAN Miguel Corp. announced last Tuesday it has set P500 million as financial assistance to fishers’ families in Cavite that will be affected by the construction of its New Manila International Airport project.
The company said it identified those eligible for the cash through third-party surveys and the selection and validation process by local officials and leaders of local fishermen’s groups.SMC said San Miguel Aerocity Inc. together with its partner global marine engineering firm Royal Boskalis Westminster N.V. has also provided fishermen with safety equipment, including radar reflectors, life vests, life buoy rings, foam buoys, led lights and rechargeable batteries.
Ang added that the company is also tapping a third-party organization that will partner with the Bureau of Fisheries and Aquatic Resources to study how to improve fishing yields from the shoal.
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