THE Philippine Amusement and Gaming Corp. (Pagcor) has given the Department of Education (DepEd) a check of P935 million to build 1,000 classrooms ready to use when the 2012 school year begins next June.“This is the single largest donation the Department of Education [DepEd] has ever received,” said Education Secretary Bro. Armin Luistro of the money donated by Pagcor at the recent memorandum of agreement signed between DepEd and Pagcor held at The Heritage Hotel in Pasay.
The MOA will help address the acute deficiency of classrooms nationwide. The amount is allocated for the construction of 1,000 classrooms for 2011-12.
The check was handed over by Pagcor Chief Executive Officer Cristiano Naguiat Jr. as part of the “Matuwid na Landas sa Silid-Aralan” project, a partnership between the two government agencies.
Luistro said the classrooms will all be ready in time for class opening in 2012.
In Photo: Officials of the Philippine Amusement and Gaming Corp. (Pagcor) present a P935-million check to Education Secretary Bro. Armin Luistro (center) for the construction of 1,000 classrooms nationwide by the opening of the 2012 school year in June. Also present during the check turnover were (from left)Pagcor COO George Sarmiento, CEO Cristino Naguiat Jr., Undersecretary for Finance and Administration Francisco M. Varela and Pagcor Board Director Lito Tanjuatco.
