The National Economic and Development Authority (NEDA) of The Philippines and the Korea International Cooperation Agency (KOICA) have signed a record of discussions for the implementation of a $2.5 million water resources management project in the Philippines, according to Manila Bulletin.
A statement released by NEDA read that the capacity development project, which will be implemented until next year, aims to increase the management and technical skills of institutions involved in the water resources sector.
NEDA Secretary Arsenio M. Balisacan said: “This momentous occasion holds great promise for the improvement of vital services, such as water supply, sanitation, irrigation, and flood control under the framework of Integrated Water Resources Management or the IWRM.
“By ensuring equitable, efficient, and sustainable management and allocation of our water resources, we can embark on a path of progress,” he added.
Balisacan also said that this project is vital to address current issues in the water sector caused by weak governance and fragmented systems.
“We must address these shortcomings by embracing effective water governance through integrated water resources management. By harmonizing the planning and management of land, water, and coastal resources, we can overcome these obstacles and create a brighter future for all,” stressed Balisacan.
The project is expected to support the Philippine Development Plan 2023-2028, which indicates that integrated water and resource management is a way to strengthen efforts to rehabilitate and protect the country's ecosystems.
The project will be implemented by NEDA in close coordination with the National Water Resources Board, the Department of Public Works and Highways, the Local Water Utilities Administration, and the National Irrigation Administration to ensure effective execution.
It will also offer training to personnel in the Philippines and dispatch experts from Korea to provide technical advice.