Sunday 23 September
Powered by Ajaxy
Mar 2, 2018 @ 17:54

PH to get Japan funding for these 6 infra projects


The country will be counting on Japan’s expertise and surplus of funds.

The Philippines has identified six projects which will be supported by Official Development Assistance (ODA) from the Government of Japan, totaling P715 billion.

This is part of 13 big projects already approved by President Rodrigo Duterte.

“Japan is one of our long-time and most trusted development partners. We recognize its commitment to technical excellence in infrastructure,” Socioeconomic Planning Secretary Ernesto Pernia said during the 36th Joint Meeting of the Infrastructure Development and Economic Cooperation Committee of the Philippines and Japan.

These projects up for Japanese loans are:
  • Cavite Industrial Area Flood Risk Management Project
  • Arterial Road Bypass Project – Phase III
  • Malolos-Clark Railway Project
  • Philippine National Railways South Commuter Project
  • Maritime Safety Capability Project II
  • Metro Manila Subway Project

Tags: , , ,

Related Stories
With only more than a month until Boracay Island reopens to the public, President Rodrigo
President Rodrigo Duterte still hasn't moved on from the Philippine National Police's much derided purchase
MANILA – President Rodrigo Duterte on Tuesday warned that Myanmar would overtake the Philippines if
CITY OF ILAGAN, Isabela -- The 70-billion-peso income from mining does not compensate for the


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.