Project Profile : 

Location:

Carmen and Pikit in North Cotabato and Pagalungan and Pagagawan in Maguindanao

Project Description:

Construction of dam, main and lateral canals, canal structures, roads, drainage and on-farm facilities to irrigate an area of 10,840 ha.

Project Data:

Financing Institution	:	Japan Bank for International Cooperation (JBIC)
Loan Number	:	PH-P112I
Amount of Loan	:	4.867 Billion Yen
Estimated Project Cost		P2,500 Million
Effectivity Date	:	May 11, 1990
Loan Closing Date	:	May 11, 1998
Revised Loan Closing Date	:	May 11, 2003
Date Signed	:	February 9, 1990
Rate of Interest	:	2.7%% semi-annually
Terms	:	20 years
Target Beneficiaries	:	4,549 farm families
Date Started	:	Oct. 1, 1989
Completion Date	:	Dec. 31, 2003