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The OPEC Fund
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  2. SZOPAD Social Fund Project

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SZOPAD Social Fund Project

Philippines

Borrower Philippines
Financing Type Public Sector
Instrument Project Loan
Focus Area Agriculture
Approved 18.06.1998
Signed 08.06.2000
Status Completed
Loan Administrator OPEC Fund
Executing Agency SZOPAD
Co-financiers IDA, Government, Beneficiaries
OPEC Fund Contribution (US$m) 10.00
Total Project Cost (US$m) 25.75

This loan was to help support the development activities of the SZOPAD Social Fund, established in 1997 to address the reconstruction needs of the conflict-torn southern regions. Small-scale sub-projects were implemented across the Zone, focussing on providing essential infrastructure and services, including rural roads, irrigation, water supply and sanitation systems, clinics and schools. This contributed towards reconstructing villages, resettling displaced persons and laying the foundations for self-sustaining growth.

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