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Elizaldy Co

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Elizaldy S. Co
Member of the Philippine House of Representatives for Ako Bicol
Assumed office
June 30, 2019
Serving with Jil Bongalon
ConstituencyPartylist
Personal details
Born
Elizaldy Salcedo Co

(1970-12-08) December 8, 1970 (age 53)
Tabaco City, Albay, Philippines
SpouseMylene Co
Children4
RelativesChristopher S. Co (brother)
Natasha Co (niece)
Alma materAMA Computer University (BS)
Aquinas University (currently, University of Santo Tomas–Legazpi) (MBA)
Known forCEO, Sunwest Group of Companies
Chairman of the Board, Misibis Bay Resort

Elizaldy "Zaldy" Salcedo Co (born December 8, 1970) is a Filipino businessman and politician serving as a representative for the Ako Bicol Partylist in the House of Representatives of the Philippines since 2019. He is the CEO of Sunwest Group of Companies and Chairman of the Board of Misibis Bay Resort.

Early life and education

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Co was born on December 8, 1970, in Tabaco City, Albay to businessman Delfin A. Co and businesswoman Elsie Salcedo-Co. He completed his primary education at Bicol University College of Education Integrated Laboratory School (BUCEILS) in Legazpi City in 1982 and his secondary education at St. Gregory the Great Seminary in Tabaco City in 1986. He earned his bachelor's degree in computer engineering from AMA Computer University and later completed his Master of Business Administration at University of Santo Tomas–Legazpi (formerly Aquinas University) in 1998.[1]

Political career

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Co has been serving as a representative for the Ako Bicol Partylist in the House of Representatives of the Philippines since June 30, 2019.[2] In the 19th Congress of the Philippines, he was appointed as the chairperson of the House Committee on Appropriations.[3] As committee chair, he oversees matters relating to national government expenditures, including public indebtedness, creation and classification of government positions, and determination of salaries, allowances, and benefits of government personnel.

Business career

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Co serves as the CEO of Sunwest Group of Companies and holds the position of Chairman of the Board at Misibis Bay Resort.

Controversies

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Pharmally and DepEd laptop controversy

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In February 2024, Senate Majority Leader Joel Villanueva raised concerns about Co's company, Sunwest Corporation, alleging its involvement in the Pharmally scandal and a controversial Department of Education laptop deal. This came after Co referenced a dismissed ombudsman case against Villanueva, who countered by presenting evidence suggesting his signature was forged.[4]

National budget dispute

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In September 2024, Co, along with other lawmakers, disputed Vice President Sara Duterte's claim that only two officials controlled the national budget. Co described the statement as a "scam attempt" and emphasized that budget decisions were made collectively. He also criticized Duterte for not attending a hearing on the Office of the Vice President's proposed budget.[5]

Bicol flood control funding controversy

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In October 2024, Co faced scrutiny over statements regarding flood control funding in the Bicol region. A VERA Files fact-check revealed that he had misrepresented the funding situation by claiming no billion-peso funding was allocated for flood control projects, while the Department of Public Works and Highways had received ₱1.3 billion for such efforts in 2023.[6] Co later defended the administration's strategy, explaining that funding was redirected toward water impounding facilities to improve food security.[7]

Personal life

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Co is married to Mylene R. Co, with whom he has four children.

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References

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  1. ^ "Elizaldy S. Co profile". Superbrands. Retrieved November 6, 2024.
  2. ^ "House of Representatives Member Profile". Congress.gov.ph. Retrieved November 6, 2024.
  3. ^ "House Committee on Appropriations". Congress.gov.ph. Retrieved November 6, 2024.
  4. ^ Hana Bordey (February 12, 2024). "Villanueva hits back at Zaldy Co: Your company is linked to Pharmally, DepEd laptop controversies". GMA Integrated News.
  5. ^ Gabriel Pabico Lalu (September 10, 2024). "Co, other solons dispute VP Sara's claim of 2 execs controlling budget". Inquirer.net.
  6. ^ "FACT CHECK: Co falsely claims 'no billion-peso' funding for flood control in Bicol". VERA Files. November 5, 2024.
  7. ^ Edjen Oliquino (October 25, 2024). "Co counters claims on Bicol's multi-billion peso flood control budget". Daily Tribune.