Answer to Question #245961 in Economics for Love

Question

what do you think is the biggest contribution of veco in cebu? identify 10 biggest contribution of the company in the business industry.

Answer 1

Visayan Electric Company, Inc., also known as VECO, is the second largest electric utility in the Philippines and serves the cities of Cebu, Mandaue, Talisay and Naga and four municipalities of the greater part of Metro Cebu - Liloan, Consolacion, Minglanilla and San Fernando.

VECO has consistently been keeping pace with Cebu's march to progress. It provides energy to light up homes and move machines of numerous industries.

The Aboitiz and Garcia families, stalwarts in the implementation of CSR projects in Cebu, intend to pursue its commitment. With their strong partnership, they aspire to further contribute to the economic development of Cebu. Through their various CSR projects, their passion is to build tomorrow today.

VECO has consistently been doing its share in the pursuit of this goal in various manners:

• Contributing to economic development while improving the quality of life of its workforce and their families as well as of the local community.
• Community-based development projects.
• Financial contributions to various arts, sports and youth programs.
• Disaster relief.