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Manila Bulletin devider Business devider The Economy devider World Bank praises DA project progress

World Bank praises DA project progress

Published Dec 3, 2025 01:32 pm
The World Bank has upgraded the Department of Agriculture’s (DA) Philippine Rural Development Project Scale-up to “satisfactory” from the previous “moderately satisfactory” implementation assessment, as the majority of its subprojects (SPs) are already under construction.
The World Bank-funded DA project, aimed at improving farmers’ and fisherfolk’s access to markets while increasing their incomes from agri-fishery value chains, also has “satisfactory” progress toward achieving its project development objective (PDO), a Nov. 30 implementation status and results report showed.
“The project has approved 117 infrastructure SPs worth ₱18.289 billion where 86 SPs (worth ₱11.718 billion) are in the construction phase,” the World Bank said.
Also, “there are 34 eligible enterprise SPs (worth ₱3.96 billion) that are in various stages of processing,” it added.
As of August, $110.5 million, or 18.42 percent of the $600-million investment project financing (IPF) approved by the World Bank in 2023, has been disbursed.
The latest loan disbursement rate was slightly above the original World Bank projection of 17 percent two years into project implementation ending in mid-2029.
The World Bank also lauded the “satisfactory” implementation so far of two recently approved loans: the $800-million Philippines First Energy Transition and Climate Resilience development policy loan (DPL) and the $454.94-million IPF for the Mindanao Transport Connectivity Improvement Project.
For the Philippines First Energy Transition and Climate Resilience DPL, which became effective in June this year, a separate implementation status and results report published last month said that “the program has been implemented as planned with demonstrable progress across its three pillars.”
The World Bank noted that the Philippine government has advanced key reforms across the energy and water sectors, including the full operation of the renewable energy (RE) market, preparation for the offshore wind (OSW) auction, and new electric vehicle (EV) and energy efficiency programs.
According to the lender, power sector flexibility is improving through the reserve market and expanded retail competition, while institutional reforms in water governance are being integrated into a forthcoming World Bank-supported project.
As for the Mindanao Transport Connectivity Improvement Project, whose loan took effect also last June, the World Bank said its project steering committee met for the first time in Cagayan de Oro City back in October.
Another development, the World Bank said, is the scheduled registration of this project during the current quarter by its implementing agency, the Department of Public Works and Highways (DPWH), on the Department of Economy, Planning, and Development’s (DEPDev) monitoring platform, where quarterly progress updates will be made available moving forward.
The loans for both the Philippines First Energy Transition and Climate Resilience Program and the Mindanao Transport Connectivity Improvement Project remain intact, with zero disbursements to date ahead of their closing dates in June 2026 and April 2032, respectively.
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