Baha no more: World bank aids Metro Manila in addressing flood problem
Will Metro Manila finally have a respite from the perennial problem of flooding?
This was after the World Bank announced Friday that it will be providing $207.6 million worth of official development assistance (ODA) to fund the city’s proposed flood management project, which will cost $500 million.
Another $207.6 million will be provided by the Asian Infrastructure Investment Bank (AIIB) while the remaining balance of $84.79 billion will be shouldered by the Philippine government.
The project is expected to be completed by 2024.
Under the project, 36 pumping stations will be modernized, 20 new stations will be constructed, and supporting infrastructure along critical waterways in key cities will be improved.
The project will benefit areas such as Manila, Pasay, Taguig, Makati, Malabon, Mandaluyong, San Juan, Pasig, Valenzuela, Quezon City, and Caloocan.
Public Works and Highways Secretary Mark Villar welcomed the development saying that the flood control project is expected to ease flooding problem in the metro and nearby provinces.
Sana tuloy-tuloy na ‘to. Sulong Manila!