Global Trade Alert
Global Trade Alert

Philippines: DBP provided a loan of PHP 2.6 billion to Kiangan Mini Hydro Corporation

Announcement

21 Jul 2022

In July 2022, the state-owned Development Bank of the Philippines (DBP) provided a loan of PHP 2.6 billion (USD 46.16 million) to Kiangan Mini Hydro Corporation (KMHC) to fund the company's Asin-Hungduan and Ibulao1 Mini Hydropower Projects.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Jul 2022

Revocation date:

No revocation date

Updated: 21 Jul 2022
State loan In force
On 21 July 2022, the state-owned Development Bank of the Philippines (DBP) provided a loan of PHP 2.6 billion (USD 46.16 million) to Kiangan Mini Hydro Corporation (KMHC). KMHC is a Philippines-based ...
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