ADB approves $126 million loan for MWSS works


Posted at Jun 19 2020 09:51 AM | Updated as of Jun 19 2020 10:17 AM

ADB approves $126 million loan for MWSS works 1
Residents of BF Resort, Las Piñas fetch water from the nearest deep well due to lack of water supply due to a busted water valve. ABS-CBN News/File

MANILA - The Asian Development Bank said Friday it approved a $126 million (P6 billion) loan for Metro Manila's water supply infrastructure.

The loan will fund the construction of Metropolitan Waterworks and Sewerage System's (MWSS) 15-kilometer water transmission pipeline, the ADB said in a statement.

A new aqueduct will help the system withstand 7.2 magnitude earthquakes and reduce the risk of breakdowns, it said.

Additional funding will also help MWSS' effort to rehabilitate the Umiray-Angat-Ipo dam system by improving the Angat Water transmission capacity, it said.