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Another large earthquake strikes the southern Philippines

The magnitude-7.3 earthquake that struck off the coast of Mindanao, Philippines, this week could have inflicted heavy damage had the quake been shallow and onshore.

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World Bank Approves Funding to Protect Metro Manila Buildings Against Earthquakes

World Bank Approves Funding to Protect Metro Manila Buildings Against Earthquakes
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PHL gets $300-M loan for quake-proof buildings

PHL gets $300-M loan for quake-proof buildings June 4, 2021 | 12:31 am Employees duck under the table during an earthquake drill in a hospital in Quezon City in this September 2020 photo. PHILIPPINE STAR/ MICHAEL VARCAS THE World Bank approved on Tuesday a new $300-million (P14.34-billion) loan for a Philippine government project that aims to protect key public buildings in Metro Manila against earthquakes, and to boost emergency preparedness. In a statement, the Washington-based multilateral lender said the Philippines Seismic Risk Reduction and Resilience project will involve upgrading 425 structures, including school buildings and health centers, to make them more resilient against natural calamities such as earthquakes.

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World Bank Approves $300M Loan to Philippines for Quake-Proofing Projects

The funds will be used to upgrade some 425 public buildings in Metro Manila, lending agency says.

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World Bank OKs $600 million loan for Philippines

World Bank OKs $600 million loan for Philippines Elijah Felice Rosales © STAR/File World Bank OKs $600 million loan for Philippines MANILA, Philippines The World Bank has approved close to $600 million worth of new projects in the Philippines to renovate state buildings in Metro Manila and scale up fish production in coastal towns. The Washington-based multilateral has committed $300 million out of the $309.5-million Philippines Seismic Risk Reduction and Resilience Project that will improve the strength of government structures in Metro Manila to withstand earthquakes. The project also intends to capacitate the Department of Public Works and Highways (DPWH) to better prepare for and respond to emergencies.

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