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NEDA approves P3.1B hike in Kaliwa Dam project cost
The NEDA Board has approved an increase in the total project cost of the Kaliwa Dam to P15.3 billion from the original P12.20 billion.
The approval also includes adjustments to the project's scope and an extension of the loan validity and implementation period.
Ongoing construction works at the Tunnel Outlet Portal of the Kaliwa Dam Project in Teresa, Rizal on March 28, 2023.
The Metropolitan Waterworks and Sewerage System (MWSS) expects the project construction to be completed by the end of 2026 and become operational by 2027.
As of December 2024, the physical construction of the dam has reached 24.8% completion.
The Kaliwa Dam project aims to supply an additional 600 million liters of raw water daily to the National Capital Region, Rizal, and Cavite.
The dam is being built by China Energy Engineering Corporation, funded by an official development assistance loan from the Chinese government.
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