NEARLY two years into a project, the disbursement ratio for the China-funded Metro Manila Flood Management Project has remained at only 2.3 percent, according to documents from the Asian Infrastructure Investment Bank (AIIB).
The AIIB’s project implementation monitoring report for the project showed that the most recent disbursement worth $4.3 million for the project was on October 30, 2018.
The $207.6-million loan was signed in December 2017 and became effective in March 2018. The total disbursed amount after the one made in October was at $4.8 million.
“The loan became effective on March 15, 2018. The project was affected slightly as IA [Implementing Agency] introduced certain changes in the technical designs [to optimize the functioning of pumping stations] and procurement method [from Civil Works procurement to Supply & Install],” AIIB stated.
“The first contract for the modernization of pumping stations with updated designs [$6.5 million] was signed in December 2018.
Designs of two other contracts have been finalized, while designs of remaining two are near finalization. Tendering for next batch is expected to commence in May [2019],” it added. However, the first component, which aims to modernize drainage areas at a cost of $168.84 million, is still set for delivery in June this year.
The first contract, AIIB documents stated, amounted to $6.5 million, pertaining to the modernization of pumping stations. This would be followed by four more packages after the design is finalized and tendered in May. “Contract for supply of solid waste equipment has been signed under component 2. Delivery to commence in June,” the AIIB documents stated.
Based on documents from the National Economic and Development Authority (Neda), the project includes the rehabilitation of pumping stations located in Manila, Pasay, Taguig, Makati and Malabon.
This will be done through the replacement of pumps, and the construction of new pumping stations in Manila, Pasay, Pasig, Mandaluyong, San Juan, Caloocan, Valenzuela and Quezon City.
The project components include rehabilitating 36 pumping stations through the replacement of pumps and contstruction of 20 new pumping stations; minimizing solid waste in waterways; participatory housing and resettlement; and project management, support and coordination.
“It will also minimize solid waste in waterways to reduce flood risks. The project also involves participatory housing and resettlement,” Neda said.