Puerto Princesa water district gets P375-M DBP loan for upgrade

MANILA -Princesa City Water District (PPCWD) has secured a P375-million loan from the Development Bank of the Philippines, intended to help upgrade the delivery of water services and address the needs of its rapidly growing customer base. Michael de Jesus, president and chief executive of DBP, said in a statement the loan was extended under the state-run bank's Water for Every Resident (Water) program. The program is part of DBP's intensified efforts to improve local infrastructure and community facilities especially, for fledgling cities and towns. De Jesus said the new loan builds on earlier initiatives of DBP to contribute to the provision of safe, reliable, and affordable wa...Keep on reading: Puerto Princesa water district gets P375-M DBP loan for upgrade

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