Victorias Mayor Javier Miguel Benitez has signed the Sidlak Village Joint Venture Agreement (JVA) with Scheirman Construction Consolidated Inc. (SCCI) for the financing, design, construction, and development of a mixed-used integrated infrastructure for housing and sustainable community in the city.
SCCI director and chief strategy officer Armando Inabangan Jr., City Administrator Atty. Lindolf de Castro, and SCCI legal counsel, Atty. Jennifer Ong, joined Benitez at the signing of the JVA.
The JVA is in compliance with the memorandum of agreement signed Feb. 27 between the City of Victorias, the Department of Human Settlements and Urban Development, and Pag-IBIG Fund.
The collaboration with SCCI under the government’s 4PH (Pambansang Pabahay Para sa Pilipino) program, will oversee the funding, design, construction, and development of Sidlak Village with 1,620 units across a series of 5-storey buildings, spanning 2.5 hectares of the city-owned land in Barangay XIII.
City department heads, partners from SCCI, and program implementers were also in attendance during the ceremony.
Sidlak Village marks the inaugural major housing project of the City Human Settlements and Urban Development Office, spearheaded by Benitez.
This venture serves as the first stride toward a succession of forthcoming housing projects, ensuring equitable access to dignified human settlements for every Victoriahanon, the city said.||