00:00President Ferdinand R. Marcos, Jr. was the first to award titles of Land of Agriculture and Certificates of Condemnation with Release of Mortgage, or COCROMs, to more than 7,000 farmers in Davao Region.
00:13The amount of the loan, which was denied by the Condemnation, amounted to more than P500 million Pesos.
00:18In the first distribution, more than 7,000 COCROMs were given to agrarian reform beneficiaries from Davao del Norte, Davao de Oro, and Davao Oriental.
00:28The CLOA, or Certificates of Land Ownership Award, was awarded to 142 beneficiaries in Davao City, 122 in Davao del Sur, and more than 500 in Davao del Norte.
00:42In addition, the Department of Agrarian Reform also awarded machinery, equipment, and agricultural support projects to ARBs.