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DPWH, JICA survey proposed Marikina River flood control project area

Flood control experts from the Department of Public Works and Highways (DPWH) and the Japan International Cooperation Agency (JICA) conducted an on-site inspection of proposed flood control infrastructures in the Middle and Upper Marikina River Basin.
In a statement, the DPWH said the construction ....

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Gov't eyes $600-million World Bank loan to boost disaster resiliency


Gov’t eyes $600-million World Bank loan to boost disaster resiliency
May 11, 2021 | 12:31 am
DAMAGE caused by several typhoons and the Taal Volcano eruption last year reached P113.4 billion, according to the National Economic and Development Authority. — PHILIPPINE STAR/ MICHAEL VARCAS
THE WORLD BANK is considering giving the Philippines a $600-million loan to help improve the country’s overall competitiveness and its resiliency against natural disasters.
“The development policy loan series aims to support the government of the Philippines in promoting competitiveness and enhancing resilience,” the World Bank said.
The World Bank included the loan in its updated lending pipeline for the Philippines to be approved starting June. The total lending pipeline stands at $3.005 billion so far. ....

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