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Philippine President thanks China for supporting water project

(Xinhua)

08:11, July 18, 2012

MANILA, July 17 (Xinhua) -- Philippine President Benigno S. Aquino III expressed on Tuesday his gratitude to China for its financial assistance in the construction of a water supply project in the country's capital region.

Aquino led the inauguration of the second phase of the Metropolitan Waterworks and Sewerage System's (MWSS) Angat Water Utilization and Aquedact Improvement Project at the La Mesa Dam Portal in Quezon City. The project was built through the Preferential Buyer's Credit of China Export-Import Bank.

The President said the project aims to increase the number of households served with clean potable water and prevent the unabated loss of this valuable source due to leaks.

"We thank China for the fund that you have extended to complete this important project, " he said.

Chinese Ambassador to Manila Ma Keqing was present during the launching of the project, which was finished eight months ahead of schedule.

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