NDC inks P4O-M venture with Davao waste management firm
The NDC’s approved P40-million investment granted Davao-based DTBC will fuel the environmental solutions company’s expansion plans, which include the installation of a state-of-the-art dashboard at the plant that will monitor air quality and composting activities, among others, by 2024.
(Standing, from left to right) Davao Thermo Biotech Corporation director Masanori Sugiura, DTBC chairman of the Board Francis Estrada, development general director and Board Member Yasuhiro Matsuzawa, director for Overseas Development Kiyonori Nakamura, DTBC CFO Thaddeus Acuña, DTBC director for Local Government Engagement Rene Paraba, matriarch and shareholder Charita Puentespina, DTBC financial consultant Jose Santillan, DTBC corporate secretary Atty. Hector Belisario; (seated left to right) National Development Company general manager Anton Mauricio and DTBC president Olive Puentespina during the signing of the investment agreement in Davao City last Thursday. | photograph courtesy of NDC