Angat Water Transmission Improvement Project (Additional Financing) (ADB-46362-004)

Countries
  • Philippines
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Government of the Philippines
The holder of the loan, grant, or other investment.
Sectors
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 126.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 126.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 23, 2019

Disclosed by Bank Oct 28, 2019


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Project Description

According to ADB website, the project will expand the scope of the ongoing project to include the construction of a new aqueduct (AQ7). The AQ7 that will be financed under the proposed additional financing will provide operational flexibilities to the Angat downstream water transmission system and enable MWSS to rehabilitate the existing aqueducts without disrupting water supply. The proposed additional financing will also include new capacity development activities to (i) strengthen gender and development programs implemented under the ongoing project; (ii) train MWSS staff on operation and maintenance (O&M) of the tunnels and aqueducts; and (iii) expand the awareness programs on water conservation, hygiene promotion, and health-related risks.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Executing Agency: Metropolitan Waterworks and Sewerage System
4th Floor, Administration Bldg.,
MWSS Complex, Katipunan Road, Balara
Quezon City 1105, Philippines

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main