The National Irrigation Administration (NIA) will be working with the Asian Development Bank (ADB) to enhance engagement of the private sector in the development of its facilities. This partnership was formalized through a Transaction Advisory Services (TAS) Agreement which was inked by the parties on September 18, 2024.
NIA Administrator Eduardo Eddie Guillen and F. Cleo Kawawaki, Head, Office of Markets Development and PPP (OMDP) led the signing at the NIA Central Office. Under this, ADB will provide technical assistance and support to NIA in designing and preparing projects that shall be funded through Public-Private Partnership (PPP) at no cost to the agency. This means that ADB will help NIA in ensuring that its proposed PPP projects shall be technically and financially viable and shall go through competitive selection process.
The agreement covers the development of PPP projects in NIA’s existing facilities such as the Pantabangan Reservoir in the Province of Nueva Ecija, the Jalaur River Multipurpose Project Stage II (JRMP II) in the Province of Iloilo, and canals of existing irrigation systems. Floating solar power systems at the reservoirs of Pantabangan and JRMP II as well as in irrigation canals will be designed for PPP under the TAS.
The delivery of bulk water supply under the JRMP II shall be likewise prepared under this agreement. Other notable government projects that were supported by the ADB through the TAS include the NAIA Airport Rehabilitation Project and the Clark International Airport Corporation (CIAC) National Food Terminal.
All these efforts are aligned to the Build Better More (BBM) infrastructure agenda of President Ferdinand Marcos, Jr. that shall support economic growth in a Bagong Pilipinas.
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