Northern Iloilo Fish Port project gets initial $1M fund
THE REHABILITATION and expansion of the Concepcion fish port, which was damaged by typhoon Haiyan in 2013, will soon be underway after the initial $1 million fund was downloaded by the Korea International Cooperation Agency (KOICA) to the provincial government of Iloilo last month. In a statement on Friday, the local government said the fund transfer for the $3-million Northern Iloilo Fishery Rehabilitation and Development Project was completed following the signing of the memorandum of agreement by KOICA, Iloilo provincial government, and the Concepcion municipal government. The fund is an official development assistance from the Korean government. The provincial government will handle the procurement and construction of the project, which covers site development, administration building, fish market, public toilets, causeway, and rockwall revetment. The municipal government will provide the power, water, sewerage, and drainage as well as the resettlement costs for affected residents. Concepcion Mayor Raul N. Banias said the Provincial Engineering Office is now finalizing the cost computation and the procurement process is expected to start soon. Construction is expected to commence by March. The project is targeted for completion within a year and a half. Concepcion is located in the northeastern part of Panay Island and includes 16 other surrounding smaller islands.


