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P450 billion needed for RP water supply development

Local Water Utilities Administration (LWUA) Board Chairman Prospero A. Pichay, Jr. (left photo) bared that the country needed an estimated P450 billion to fully develop its water resources and supply systems to include provision for filtration and treatment. He said that to augment the government's annual budgetary appropriations for water supply, LWUA will establish a subsidiary Water Development Bank to help raise and source additional funding for projects especially for the numerous small water districts. Pichay made these statements in his speech before officials of the various Rotary Club chapters in Pangasinan in his recent official visit to Dagupan City where he also met with Mayor Alipio Fernandez and water district officials.
March 3, 2009
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