The Philippines is on the verge of finalizing a $33-million (₱1.9 billion) loan agreement with Hungary to fund critical water infrastructure initiatives aimed at improving access to clean water across the country. Senate Majority Leader Juan Miguel “Migz” Zubiri announced the development following a meeting between Hungarian National Assembly Speaker László Kövér and Senate President Vicente “Tito” Sotto III.
According to Kövér, discussions have reached an advanced stage, with both parties reviewing the latest draft of the agreement. The funding will support projects focused on water treatment, purification, and desalination—key areas for enhancing water security, especially in coastal regions where freshwater is scarce.
Hungary brings over a century of expertise in water management, including flood control, drought mitigation, and sewer treatment. Speaker Kövér emphasized Hungary’s readiness to share its knowledge and technology to help the Philippines build resilient and efficient water systems.
Senate President Sotto welcomed the proposal, noting the Philippines’ abundance of saltwater and the urgent need for desalination solutions. Zubiri, who also heads the Philippines–Hungary Parliamentary Friendship Group, highlighted the potential impact of the partnership, saying it aligns with the country’s broader efforts to modernize water infrastructure and ensure safe water access nationwide.
The agreement, once signed, is expected to pave the way for the construction of improved water systems in underserved provinces, marking a significant step forward in bilateral cooperation and sustainable development.
(Source: Global Nation Inquirer)