LBP Resources and Development Corporation

Transparency Seal — Institutional Identity & Corporate Structure

LBP Resources and Development Corporation

LBRDC

Established: May 8, 1975

Legal Basis: The Corporation Code of the Philippines (Batas Pambansa Blg. 68)

LBP Resources and Development Corporation (LBRDC) is a subsidiary of the Land Bank of the Philippines and a government-owned and controlled corporation (GOCC), dedicated to delivering a comprehensive range of services. Supporting LANDBANK, Government Financial Institutions (GFIs), other GOCCs, and National Government Agencies (NGAs), LBRDC offers a full spectrum of solutions—from construction and property management to manpower services, appraisal, and development and operation of the Special Economic Zone located in Tala, Caloocan. At the core of LBRDC's expertise is its construction and renovation services. As a General Building AA contractor accredited by the Philippine Contractor's Accreditation Board (PCAB), with a licensing threshold of P300 million, LBRDC specializes in construction and renovation of diverse facilities such as LANDBANK branches, corporate centers, regional offices, and specialized structures like automated teller machine (ATM) booths. Extending its reach, LBRDC also serves various government agencies and institutions, ensuring quality infrastructure development. Beyond Construction, LBRDC provides property management and brokerage services, assisting investors and buyers with LANDBANK foreclosed properties. LBRDC also delivers office, technical, and utility manpower services, fostering a well-maintained and efficient work environment for LANDBANK and other government entities. Additionally, LBRDC offers reliable appraisal services for agencies, subsidiaries, offices, and other instrumentalities. LBRDC also plays an essential role as the developer and operator of the Special Economic Zone in Brgy. 186, North Caloocan City registered under the Philippine Economic Zone Authority (PEZA) with registration number 2022-00055-PEZA-DM-L68-1. Adapting to the evolving needs of its clients, LBRDC continues to innovate, offering services that drive operational efficiency and foster business growth. With a steadfast commitment to excellence and innovation, LBRDC has earned multiple awards including: • Top-Ranking GOCC in CY 2022 Performance Scorecard for GOCCs; • Top-Ranking GOCC in CY 2022 Corporate Governance Scorecard for GOCCs; and • Remarkable Improvement for the Performance Scorecard ratings from CY 2021 to CY 2022. Certified under ISO 9001:2015 since December 2018 and registered with Securities and Exchange Commission on May 08, 1975, LBRDC continues to uphold the highest standards of quality, governance, and service LBRDC remains committed to shaping the future – building with integrity, managing with excellence, and driving sustainable progress, always aiming to be at the forefront of innovation.

YearEvent
1975Primary Mandate - Construction and Renovation Services, Agrarian & Public Support, LANDBANK Facilities, Military Infrastructure, Commercial & Residential, and Public Spaces
2012Addition to Secondary Purposes - Manpower Services and Property Management
2021Addition to Secondary Purposes - Real and Other Property Appraisal Services and Credit Investigation Services and Acquisition and take over of the development and management of the Special Economic Zone in North Caloocan City
2025Addition to Secondary Purposes and OGCC Validated Mandate Expansion - Real Estate Brokering Services, Architectural and Engineering Design, and Lease-to-Own Arrangement

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