Project Description:
Construction of two (2) pumping stations, project office facilities, irrigation and drainage canals, and on-farm facilities on the Bit-Os and Aupagan Areas to
irrigate some 7,922 ha.
Project Data:
Financing Institution
|
: |
Japan Bank for International Cooperation
(JBIC)
|
Loan Number
|
: |
PH-P153
|
Amount of Loan
|
: |
4.040 Billion Yen
|
Project Cost |
|
P2,256.6 Million |
Effectivity Date
|
: |
June 28, 1996
|
Loan Closing Date
|
: |
June 28, 2005
|
Date Signed
|
: |
August 30, 1995
|
Rate of Interest
|
: |
2.7% per annum
|
Terms |
: |
9 years
|
Target Beneficiaries |
: |
14,445 farm families
|
Date Started
|
: |
January 1, 1996
|
Completion Date
|
: |
June 30, 2002
|
|