Japan extends P970M aid for Marawi rehab
Japan signed Tuesday an agreement with the Philippines for its 2-billion yen grant or approximately P970 million assistance for the reconstruction and rehabiliation of devastated Marawi City.
In a statement, the Department of Finance (DOF) said that Finance Secretary Carlos Dominguez III and Japan International Cooperation Agency (JICA) chief representative Yoshio Wada inked the deal.
The the signed “Grant Agreement for the Programme for the Support for the Rehabilitation and Reconstruction of Marawi City and Its Surrounding Areas” will cover infrastructure projects, particularly the construction of transcentral roads that need to be rebuilt immediately in the war-ravaged communities, the DOF said.
The latest assistance is the fourth aid package provided by Japan to the Philippines following earlier grants that include the provision of heavy equipment for Marawi City’s reconstruction program that was formalized on Nov. 12 last year between the two governments.
“I would like to assure the ambassador and the chief representative of JICA that we are very keenly aware that these funds come from the taxpayers of Japan, and that we will honor them by not wasting those funds,” Dominguez said.
He thanked Japan for its help in rebuilding Marawi.
Japan has so far provided the Philippines an estimated $36 million to assist in Marawi’s relief and rehabilitation.
The infrastructure projects covered by the grant will be implemented by the Department of Public Works and Highways (DPWH), which serves as vice-chair of the interagency Task Force Bangon Marawi.