The PRES project is being implemented through the French Filipino Loan Protocol financing amounting to Euro 17.5 Million and representing a 55% grant financial package. The project aims to improve the living conditions of Masbate residents by providing them adequate and reliable energy services. A total of 18,000 households located in the 128 un-energized remote barangays in the islands of Masbate and Ticao shall benefit from the project. Aside from this, basic services such as lighting for barangay halls and school buildings, provision of vaccine refrigeration and lighting for rural health units as well as provision of streetlights to major thoroughfares will also be the project’s main concern.
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