World Bank Approves US$275M Financing for Better Sanitation Services in Metro Manila
May 29, 2012
The World Bank’s Board of Executive Directors approved a US$275 million financing for a project that will improve wastewater collection and treatment practices in several catchment areas of Metro Manila and help improve Manila Bay’s water quality.
- Investments by Manila Water (US$193.4 million) comprising a sewage treatment plant and associated sewage lines covering North and South Pasig;
- Investments by Maynilad (US$178.3 million) in sewage treatment plants and associated wastewater conveyance systems in Quezon City, Pasay, Alabang, Muntinlupa, Valenzuela, and a septage treatment plant in the southern part of Metro Manila..
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