Participating local government units (LGUs) obtained several benefits. The project generated strong interest among LGUs. Most LGUs appreciated the loan terms (particularly the fixed long-term nature of ADB funds) and the assistance and services provided by the Land Bank of the Philippines (LBP) and the Department of Interior and Local Government (DILG). LGUs also appreciated receiving assistance in modernized governance systems, including assistance in rationalized planning (comprehensive development plans), property tax administration, and revenue enhancement. The assistance was transforming for some LGUs as it allowed them to handle big projects involving loan financing for the first time. The project also increased LGU awareness of urban development priorities and opportunities for future investments.
Mindanao Basic Urban Services Sector Project