Global Trade Alert
Global Trade Alert

Philippines: DBP provided a loan of P 1.097 billion to Abejo Waters Corporation

Announcement

18 Feb 2021

In February 2021, the Development Bank of the Philippines provided a loan of P 1.097 billion (USD 22.6 million) to Abejo Waters Corporation to finance its development of water supply and distribution systems in Cebu and Southern Luzon.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

18 Feb 2021

Revocation date:

No revocation date

State loan In force

On 18 February 2021, the Development Bank of the Philippines (DBP) provided a loan of P 1.097 billion (USD 22.6 million) to Abejo Waters Corporation (AWC) to finance its expansion of the water system....

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