Foreign Affairs Secretary Alan Peter S. Cayetano and Japanese Ambassador Koji Haneda held a signing and exchanging of notes for two projects that will be funded through Japanese grant aid.
The first will provide a JPY 1.278 billion yen, approximately 608 million pesos, grant for the Project for Improving Flood Forecasting and Warning System for Cagayan de Oro River Basin, the Japanese Embassy said.
“Japan’s grant is expected to substantially improve information accuracy and provide technical support to the CDO operational system for flood forecasting and disaster prevention,” it added.
The project aims to strengthen the ability of CDO against future risks of flash floods, mud slides and other negative impacts, thus contributing to sustainable development in the region.
The second will provide 563 million yen, approximately 268 million pesos, to cover 20 Human Resource Development Scholarship (JDS) fellows in 2018 and 22 JDS fellows in 2019, consisting of Filipino young officials from various governmental institutions, entering Japan starting Academic Year 2018 and 2019.
“The project aims to enhance the JDS fellows’ expertise in their respective fields and to help build a pool of future Filipino leaders who will greatly contribute to the country’s overall economic development by returning to and working in the Philippines,” the Japanese Embassy said.