Alsons Consolidated Resources Recognized for Economic Contribution in Maasim, Sarangani
The Alcantara family-owned Alsons Consolidated Resources has been praised by the local government of Maasim, Sarangani for its significant contribution to the economic progress and empowerment of communities in the municipality.
The Alcantara group owns Sarangani Energy Corporation, which has remitted over P61.4 million in local income tax contributions to the Local Government of Maasim, making it one of the top business taxpayers in the town. This tax contribution will be allocated to various priority programs and initiatives of the local government.
Mayor Zyrex Pacquiao expressed gratitude for Sarangani Energy’s contribution, noting that it has been a major boost to the revenue collections of LGU-Maasim, allowing the local government to provide improved services and better development projects.
In recognition of its exemplary tax compliance and commitment to responsible tax payment, the LGU presented a plaque of recognition to Sarangani Energy. The 210-megawatt Sarangani Energy Baseload Power Plant, located in the Kamanga Agro-Industrial Economic Zone in Maasim, is the single largest power investment in the Province of Sarangani and the entire Region 12 at $570 million.
Sarangani Energy currently provides power to more than four million residents in multiple provinces and cities. As required by law, the organization pays a special income tax, with two percent of the gross income being remitted to the Treasurer’s Office of its host municipality.
Jose Luis R. Angco, Alsons Power Group’s Vice President and Business Manager for Plant Operations, affirmed the company’s commitment to contributing to nation-building and stimulating economic growth in the regions they serve. He emphasized their dedication to supporting host LGUs in fostering a conducive business climate, enhancing the quality of life for the community, and nurturing the environment.
