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Japan eyes more financial assistance to Marawi rehab

By: - Reporter / @bendeveraINQ
/ 05:25 PM June 19, 2019
Japan eyes more financial assistance to Marawi rehab

 Marawi City PHOTO/ Jeoffrey Maitem, Inquirer Mindanao

CLARK, Pampanga – Japan – the top donor to the ongoing rehabilitation in Marawi City – is eyeing additional support for reconstruction efforts on top of its $202.04-million loan to build roads in war-torn areas of Mindanao.

Philippine officials led by Finance Secretary Carlos G. Dominguez III and Socioeconomic Planning Secretary Ernesto M. Pernia on Tuesday night signed with visiting Japanese officials the financing from the Japan International Cooperation Agency (Jica) for the Road Network Development Project in Conflict-Affected Areas in Mindanao.

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The project will pave the way for the construction of 176.6 kilometers of roads in the newly formed Bangsamoro Autonomous Region in Muslim Mindanao and connect them to Mindanao’s trade hubs.

The Japanese delegation was led by Hiroto Izumi, special advisor to Japan Prime Minister Shinzo Abe.

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Finance Secretary Carlos G. Dominguez III told a press conference that Japan was supportive of peace-building initiatives in Mindanao, hence “affirmed its commitment to provide additional assistance for the rehabilitation and reconstruction of the most-affected areas in Marawi City.”

“With regards to the Marawi projects, the Japanese government is the largest donor or source of funds for the Marawi rehabilitation, and they mentioned today that if there is more needed they are willing to provide the funds,” Dominguez told reporters.

Public Works Secretary Mark Villar said the reconstruction of Marawi “will be on full blast by July this year” since the $200-million loan for the rehabilitation masterplan was also already signed and ready to be implemented.

To date, official development assistance (ODA) from Japan will finance 12 National Economic and Development Authority Board-approved big-ticket projects worth P1.26 trillion, said Pernia, who heads the state planning agency Neda.

“That is a huge number of projects and amount, and these projects have been moving rather fast and we want to get them delivered the soonest possible time before the end of this administration. These include projects in Luzon, Visayas and mostly in Mindanao,” Pernia said.

Dominguez said both sides committed to “work towards signing the supplemental loan for the ongoing Davao City bypass construction project within this year, and three more loan accords for the new Mactan bridge construction project in Cebu, the second phase of the Metro Manila priority bridges systematic improvement project and second tranche loan for the first phase of the Metro Manila subway project.”

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TAGS: Autonomous Region in Muslim Mindanao, Finance Secretary Carlos G. Dominguez III, Japan aid, Marawi, Shinzo Abe
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