Defining the News
State-run Development Bank of the Philippines said Friday it granted a P375-million loan to the Puerto Princesa City Water District to support initiatives aimed at upgrading the delivery of water services and addressing the needs of the rapidly growing population in the city.
PPCWD is a Category A water district established in 1976 that caters to 53,000 active customers. It serves 50 of the 66 barangays in Puerto Princesa City, which had a total population of 307,000 as of latest government data. He said the loan to PPCWD would also partly finance the installation of a transmission line that would serve strategic barangays in anticipation of increased economic activity in view of improvement of critical utilities and essential public services.
“By 2030, we anticipate that this program has financed P30-billion of investments in water supply projects,” he said.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JSSC prepares for launch of Puerto Princesa Justice ZoneThe Justice Sector Coordinating Council has met with stakeholders to prepare for the official launch of the Puerto Princesa Justice Zone, the world’s first green justice zone, according to the Supreme Court.
Read more »
Behind ‘regulatory relief’: Landbank, DBP’s challenge after funding MaharlikaThe president of the Development Bank of the Philippines tells Rappler that the bank will ‘breach’ its capital requirements after pouring billions into the Maharlika fund. Here’s why that matters.
Read more »
Palawan septuagenarian survives crocodile attackPUERTO PRINCESA CITY, Palawan (PNA) – Officials of Barangay Sumbiling in Bataraza, this province, warned residents, especially children, to avoid swimming in the river that passes through the community while a rogue crocodile is on the loose.
Read more »
NASA asteroid sample contains life-critical water and carbonA sample collected from the 4.5-billion-year-old asteroid Bennu contains abundant water and carbon, NASA revealed on Wednesday, offering more evidence for the theory that life on Earth was seeded from outer space.
Read more »
Israel will not supply water, fuel to Gaza until hostages freed: ministerJerusalem, Undefined– Israeli Energy Minister Israel Katz vowed Thursday his country would not allow basic resources or humanitarian aid into Gaza until Hamas released the people it abducted during its surprise weekend onslaught.
Read more »
World Cup opens water finale moved to Portugal from IsraelThe final leg of the World Aquatics open water swimming World Cup will take place in Funchal, Portugal due to the conflict in Israel, the sport's governing body announced on Thursday, Oct. 12.
Read more »