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Project
Profile
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Location:
Paniqui, Anao, Ramos, Pura, Gerona, Victoria, La Paz, Concepcion, and Tarlac
in the province of
Tarlac.
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Project Description:
Construction of 50 deepwell pump irrigation systems with an aggregate area
of 2,500 ha. to increase food production in the province.
Project Data:
| Financing Institution
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Japan Bank for International Cooperation
(JBIC)
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| Loan Number
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PH-P196
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| Amount of Loan
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Y 1,887 Million
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| Project Cost |
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P767.81 Million |
| Effectivity Date
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January 7, 1999
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| Loan Closing Date
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December 31, 2006
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| Date Signed
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September 10, 1998
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| Rate of Interest
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2.2% per annum
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| Terms |
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20 years
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| Target Beneficiaries |
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1,923 farm families
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| Date Started
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July 1, 1997
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| Completion Date
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December 31, 2002
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