Global Trade Alert
Global Trade Alert

Philippines: DBP approved a loan of PHP 660 million to Dupinga Mini Hydro Corporation

Announcement

08 Jul 2022

In July 2022, the state-owned Development Bank of the Philippines (DBP) provided a loan of PHP 660 million (USD 11.7 million) to Dupinga Mini Hydro Corporation (DMHC) to support the company's development of the 4.6MW Dupinga Mini Hydropower project in Gabaldon, Nueva Ecija.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Jul 2022

Revocation date:

No revocation date

Updated: 08 Jul 2022
State loan In force
On 8 July 2022, the state-owned Development Bank of the Philippines (DBP) provided a loan of PHP 660 million (USD 11.7 million) to Dupinga Mini Hydro Corporation (DMHC). The objective was to support ...
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