May 2023

05/16/2023 - 1:19pm

NIA signs MOU with CPECC and OEEPI for project implementation

May 16, 2023, 1:19 PM

 
NIA Central Office – NIA Acting Administrator Engr. Eddie G. Guillen, NIA Senior Deputy Administrator Engr. Robert C. Suguitan, China Power Engineering Consulting Group International Engineering Co., Ltd. (CPECC INTL.) Vice President Zhao Jiang, and Ocean Eagle Energy Philippines, Inc. (OEEPI) President Atty. Celestino Gerald L. Cabrera signed the Memorandum of Understanding (MOU) for efficient implementation of the Panay River Basin Integrated Development Project on May 15, 2023 at NIA Administrator’s Conference Room, 2nd Floor, Building B.

NIA’s mandate includes the construction of multipurpose water resources projects designed primarily for irrigation and secondarily for hydroelectric power development. Among the programmed projects of the Agency is the Panay River Basin Integrated Development Project which is on the process of validating/reformulation of its Feasibility Study (FS) simultaneous with Detailed Engineering (DE).

Having the technical capacity and experience to develop infrastructure projects, OEEPI offered to work with NIA on the development of the said project. This covers from updating and validating of FS to providing the necessary technical and commercial support to secure the project’s approval from the National Economic and Development Authority (NEDA) and Department of Finance (DOF). It aims to expedite the process and ensure the successful project implementation.

With its connection with international financial institutions which could secure the financing required for the project implementation, CPECC INTL. would make the project not only technically feasible but also financially viable.

The MOU Signing was witnessed by NIA Deputy Administrator for Engineering and Operations Sector Engr. C’zar M. Sulaik and General Manager Zhang Yanan of the ASEAN Business Unit. Also present during the event were Municipality of Tapaz, Capiz Mayor Roberto Palomar, House Secretary-General Reginald S. Velasco, MGen. Mario F. Chan (Ret), and officials and personnel of CPECC INTL. and OEEPI.

As an advocate of bayanihan, Administrator Guillen promotes unity among NIA officials and employees, national government agencies, private sector, farmers, and the general public in irrigation development. The Agency remains steadfast in bringing efficient, reliable, and sustainable irrigation service closer to the Filipino farmers.

#bayaNIAn
#TuloyAngDaloyNIA
#NIA

For inquiries and/or clarifications, you may contact:

EDEN VICTORIA C. SELVA
Department Manager A
NIA Public Affairs and Information Staff
Email: pais@nia.gov.ph
Landline: (02) 8921-3741