CASECNAN MULTI-PURPOSE IRRIGATION & POWER PROJECT (CMIPP-IC)

 

Project Profile : 

I.  IRRIGATION COMPONENT :

Location:

Nueva Ecija, Bulacan and Pampanga

 

Project Description:

Construction of irrigation facilities and improvement of drainage system for 35,000 ha.of new area. Establishment of re-use points and intermediate farm ponds for both new and rehab areas. Rehab. of selected irrigation and drainage facilities in Upper Pampanga River Integrated Irrigation System (UPRIIS) and pursuit of institutional development in the new areas, including initiatives of pilot areas for diversified irrigation.

Project Data:
Financing Institution : Japan Bank for International Cooperation (JBIC)
Loan Number : PH-P196 
Amount of Loan  : 10.088 Billion Yen
Project Cost   P5,832.0 Million
Effectivity Date : January 7, 1999
Loan Closing Date : January 7, 2007
Date Signed : September 12, 1998
Rate of Interest : 2.2% per annum
Terms : 20 years
Target Beneficiaries : 81,581 farm families
Date Started : October 1, 1997
Completion Date : June 30, 2004

 

II.  BOT COMPONENT :

Location:

Nueva Viscaya and Quirino
Project Operator :

CE Casecnan Water and Energy Co., Inc.(CALENERGY)

Project Contractor :

BOT Contractor - CP Casecnan Consortium  headed by CMC di Ravenna and Impressa Pizzarotti

Estimated Cost  : P 19,745.00 Million
Date Started   : November 27, 1995
Completion Date   : November 27, 2000
Revised Comp. Date  : August 30, 2001

 

 

 

Last update : Wednesday, 09 August 2006

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