Loading grant details…
Chinese Government discusses Ambal-Simuay River and Rio Grande de Mindanao River Flood Control Project
| Funder | Unspecified Chinese Government Institution |
|---|---|
| Recipient Organization | Government of the Philippines |
| Country | Philippines |
| Start Date | Jan 01, 2018 |
| End Date | Dec 27, 2032 |
| Duration | 5,474 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 63946 |
Grant Description
On June 6th, 2018, DOF submitted the Ambal-Simuay River and Rio Grande de Mindanao River Flood Control Project for financing under the Export-Import Bank of China's Preferential Buyer's Credit Facility. According to "Bid Notice Abstract," the budget for the project will be PHP 20,162,841,907.02.
The Bid Notice Abstract, published June 2nd, 2020, also states that the "Government of the Philippines (GOP) intends to apply for a loan from the China Export-Import Bank toward the cost of Ambal-Simuay River and Rio Grande De Mindanao River Flood Control Project.
As of February 2019, the Ambal-Simuay River and Rio Grande de Mindanao River flood control projects were approved by the National Economic and Development Authority for flood mitigation.
The project was set to start in August 2019, and involved the construction of flood management systems such as dikes, flood gates and retaining walls.
On September 11, 2020, the Department of Public Works and Highways of the Philippines awarded the PHP 10,108,742,345.19 contract for the design and build of the Ambal-Simuay River and Rio Grande de Mindanao River Flood Control Projects to Power Construction Corp. of China. As of January 2021, China was evaluating the Philippines project proposal for this project.
The current status of the project and its financing details are currently uncertain.
Sources & References
- INFRASTRUCTURE FLAGSHIP PROJECTS AS OF JUNE 13, 2018
- Two China-Aid Bridges Project Breaks Ground in Manila
- High-level meeting in Beijing this week on China-supported PHL infra projects
- Pipeline of Programs and Projects for Official Development Assistance(as of December 28, 2018)
- Bid Notice Abstract
- Building a flood-resistant PH
- Building for the Future
- Infrastructure flagship projects as of April 30, 2019 Neda Board Approved - 37 projects
- Ambal-Simuay CP 1 NOA & ROA
- Infrastructure-Flagship-Projects-Matrix-ao-Feb-2019
- Mindanao River Basin TWG aims to fast track flood control projects
- PH hopes for more China funds for projects, grants Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees
Government of the Philippines
Interested in applying for this grant?
Complete our application form to express your interest and we'll guide you through the process.
Apply for This GrantQuick Summary
Related Grants
