Iloilo City declares 3 tycoons as ‘Adopted Sons’

Tycoons as adopted sons of Iloilo City

Federico R. Lopez, Enrique K. Razon Jr., and Henry Sy Jr. were declared ‘Adopted Sons’ of Iloilo City for their efforts in helping Ilonggos in this time of the pandemic.

Iloilo City Council enacted “Resolutions of Conferment of Honorary Recognition to Federico R. Lopez, Enrique K. Razon Jr., and Henry Sy Jr. in View of His Benevolent Intention to Contribute to the General Welfare of His Fellow Countrymen, His Generosity, Altruism And Goodness and Declaring them as ‘Adopted Sons’ of Iloilo City.”

Lopez family and Lopez Group of Companies gave P5.5- million worth of medical donations for Uswag Molecular Laboratory in Molo district, as the city boosts its efforts to stem the spread of Covid-19.

Lopez also donated 5,000 doses AstraZeneca vaccines which definitely augmented the most desired supply aiming to protect 2,500 Ilonggos, greatly helping to achieve herd immunity.

Lopez is Chairman and CEO of publicly-listed companies First Gen and First Philippine Holdings Corp. (FPH). He is also Chairman and CEO of Energy Development Corporation (EDC). He is a director of ABS-CBN Corporation, Vice Chairman of Rockwell Land Corporation, and Chairman and CEO of Lopez Holdings Corporation.

Lopezes trace their roots in Iloilo, continuously render help and generous effort to help combat Covid-19 through their undying support to the needs of Ilonggo people.

Razon also donated 5,000 doses AstraZeneca to help the city ramp-up its vaccination program.

Razon’s More Electric and Power Corp. took over the distribution of electricity in the metro sometime in February 2021 and embarked on major investments critical to modernization of its system, expanding capacity of all its sub-stations and significantly increased working opportunities for the people.

Razon is Chairman and CEO of International Container Terminal Services, Inc. (ICTSI), the Philippine port-handling giant offering container-port terminal services, which has operations in over 25 countries.

Sy’s SM will build the Uswag Low-Rise Residential Buildings located at Uswag Subdivision, Brgy. San Isidro in Jaro district, a two four-storey 120-unit at 30 square meters per unit with total project cost of P217-million which will benefit qualified regular employees of City Hall.

The City appreciates the project as it will greatly help its constituents considering that the cost of housing continues to rise making it difficult for some Ilonggos to become homeowners more so today due to the ongoing COVID-19 pandemic.

It will also assist the city in accomplishing its mission to solve the housing problem for its constituents.

Aside from housing, it is through their family business that contributes to the booming of the economy and the jobs of the Ilonggos.

Sy extended his help to the Ilonggo community showing a true sign of bayanihan spirit, for which the Ilonggos are known for.

Out of his desire to promote the welfare of the nation as well as that of the City Government, Sy has been part of multiple philanthropic projects aimed to help the less fortunate members of society.

Sy has been a director of SM Prime Holdings since 1994 and appointed as Chairman of the Board in 2014.

In honor of invaluable and remarkable contributions through genuine act of humanitarianism and charity, the city spearheaded by Mayor Jerry P. Treñas recognized their support.

The resolutions were sponsored by Councilor Rudolph Jeffrey O. Ganzon and seconded by Lyndon V. Acap, Lady Julie Grace L. Baronda, Ely A. Estante, Jr. and Alan A. Zaldivar. (via Iloilo City PIO)

About Nonoy Taclino

Nonoy Taclino is a pioneer blogger and social media manager in Iloilo, with 15 years of experience under his belt.

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