LBP Resources and Development Corporation

Address: 24th Floor LandBank Plaza M.H. del Pilar cor. Dr. Quintos Sts. Malate, Manila
Supervising Agency: Department of Finance (DOF)
Parent GOCC:
Website: http://www.lbpresources.com/
GOCC Type: Non-chartered GOCC
History

The LBP Resources and Development Corporation (LBRDC), formely LB (Land Bank) Realty Development Corporation, is a wholly owned and controlled subsidiary of Land Bank of the Philippines (LBP) created on 8 May 1975. It was created with the primary purpose of serving as an investment diversification for landowners whose properties have been covered by the agrarian reform law, in the form of real estate development and construction. Presently, LBRDC is engaged in construction, project management, brokering services, and real estate management and development.

Its major projects since then were: 1) a joint venture with landowners in the development and construction of the Palacio del Gobernador in Malate, Manila, 2) the development of Lumang Bayan Executive Village in Antipolo, 3) the construction of the 4-storey commercial LBRDC Building in Naga City, 4) LB One Condominium in Singalong, Manila, and 5) Grand Garden Villas Subdivision in Dasmariñas, Cavite.

LBRDC has expanded its business lines to engage in, operate and carry on, and now offers various facilities maintenance and manpower services such as janitorial and air conditioning unit maintenance.

Mission

By 2022, LBRDC will be a triple "A" company that will provide LANDBANK, other government agencies and other clients with quality services by using advance technology and innovative processes to be competitive in the delivery of construction and real estate management, property management, property maintenance, manpower and other support services.

Vision

To Our Clients:

  • We will use advance technology, innovative and environmental safety processes to deliver quality service in construction, real estate management, property maintenance and manpower and other allied services supportive to the goals and objective of LANDBANK and other clients.

To Our Employees:

  • We will train and develop employees to be highly competitive and enhance their capability to strive for excellence in providing quality service to our clients.
Core Values

  • Professionalism

  • Integrity

  • Prudent

  • Excellence

  • Employee's Welfare

Disclaimer: All data presented above are submitted and provided by the respective GOCC as of under GCG Memorandum Circular 2014-02.
POSITION NAME
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For questions and clarifications, your Office may coordinate with the Selection and Nomination Division (SND) of the Corporate Standards Office (CSO) at the telephone number (02) 5328-2030 / (02) 5328-1000 locals 309, 322, 320 and 450 or email at snd_cso@gcg.gov.ph.
Enabling Law
    Articles of Incorporation and By-Laws
    Disclaimer: All data presented above are submitted and provided by the respective GOCC as of under GCG Memorandum Circular 2014-02.
    Performance Scorecard:
    Validated Performance Scorecard:
    Updated as of 19 December 2024
    Financial Summary:
    Disclaimer: All data presented above are submitted and provided by the respective GOCC to the Commission on Audit (COA).