300-year-old ancient submerged village rises from depths during severe Philippine drought

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Private Equity: Invesco

300-year-old ancient submerged village rises from depths during severe Philippine drought

A village settlement that dates back nearly 300 years, which was submerged by a dam in the 1970s, has resurfaced in the northern Philippines as a result of an extended period of drought. Sections of the village, such as a church and tombstones, became visible as the waters of the Pantabangan Dam in Nueva Ecija province receded. The water levels of the dam have decreased by almost 50 metres below their usual level, marking the sixth occasion on