SUBIC BAY FREEPORT – Government agencies partner with a recycling company to implement the Cash Cycled Project in public elementary and secondary schools in Zambales.
In a Memorandum of Agreement (MOA) signed on August 6, 2025, the Cash Cycled Project aims to encourage the active participation of schools and local communities in practicing plastic waste recycling and sustainability by trading collected plastic bottles with the recycling partner.
The MOA was signed between the Subic Bay Metropolitan Authority (SBMA) Ecology Center, the Department of Trade and Industry (DTI) Zambales, the Department of Education (DepEd) Schools Division of Zambales, and Foochi Trading and Resources Inc. at the SBMA Corporate Boardroom.
“This project marks a significant milestone in environmental and youth empowerment initiatives as it aims to foster collaboration between the project proponents and the academic communities in building sustainable environmental practices,” SBMA OIC Senior Deputy Administrator for Regulatory, Amethya Dela Llana-Koval said.
Meanwhile, DTI Provincial Director Enrique Tacbad explained that the plastic bottles collected by government -run schools in Zambales will be sold to Foo Chi Trading and Resources Inc. for income-generation to support school activities or environmental initiatives.
Under the Cash Cycled Project, the income generated from the sale of plastic bottles will be deposited into a designated school fund account, which will be used solely for environmental projects, supplies, or student development programs, in accordance with DepEd’s financial policies and auditing rules and regulations.
A joint monitoring team, composed of representatives from each Party, shall meet at least once every semester, or as needed, to evaluate project implementation, address any issues, and recommend improvements.
