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Home  >>   Daily News  >>Philippines>>Energy>>PHL secures P340-M energy grant from JICA
NEWS UPDATES Asean Affairs     March 31, 2017  







PHL secures P340-M energy grant from JICA


The Philippines on Thursday signed a P340-million grant project with the Japan International Cooperation Agency (JICA), in support of the energy sector in conflict-affected areas in Mindanao.

Signed at the National Economic and Development Authority (NEDA) headquarters in Pasig City, the grant will finance the upgrade of six electric cooperatives in Mindanao.

In particular, the conflict areas were identified as Sulu, Lanao Sur, Tawi-Tawi, Siasi Island and Maguindanao.

"The project is part of our continuing commitment to support peace and development in Mindanao," JICA Chief Representative Susumo Ito said.

"By helping resolve power the power supply ... in conflict-affected areas, we aim to help the Philippines create more economic activities in the region," he added.

According to government data, the affected areas have an in energy loss of 26 percent on average due to aging equipment for energy transmission which have been put up in the 1970s.

The JICA grant is expected to reduce energy distribution losses to about 7 percent, and assure the supply of electricity to some 44,000 households. — VDS, GMA News


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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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