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Home»ABS-CBN Foundation Inc.’s Bayanijuan recieves $1.5M from Asian Development Bank (ADB) through Japan Fund for Poverty Reduction (JFPR)

ABS-CBN Foundation Inc.’s Bayanijuan recieves $1.5M from Asian Development Bank (ADB) through Japan Fund for Poverty Reduction (JFPR)

Mc Richard PaglicawanBy Mc Richard PaglicawanMay 25, 2012No Comments1 Min Read
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The Japan Fund for Poverty Reduction through the Asian Development Bank (ADB) is granting $1.5M assistance to BayaniJuan in Calauan, the relocation site of the Pasig River clean-up.

The grant aims to promote partnerships and innovation in poor and undeserved communities and to develop the capacities of Bayanijuan residents for self-governance and community development to be implemented by the ABS-CBN Foundation Inc., with the National Housing Authority as executing government agency. The ADB hopes to create a model for public-private partnerships and replicate it in various parts of the country.

(Photo from left to right: Vice President Jejomar Binay, Managing Director of ABS-CBN Foundation, Inc. Ms. Regina Paz Lopez, Director General of Southeast Asia Department – Asian Development Bank Mr. Kunio Senga, National Housing Authority General Manager Atty. Chito Cruz, and Ambassador of Japan to the Philippines His Excellency Toshinao Urabe)

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ABS-CBN Foundation Inc. Advocacy Asian Development Bank (ADB) BayaniJuan Japan Fund for Poverty Reduction (JFPR)
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