Philippines and Japan signed ¥250bn loans for Dalton Pass East Alignment Road and Metro Manila Subway Projects.
The Philippines and Japan signed loan agreements worth ¥250 billion (around P93 billion) for two infrastructure projects: the Dalton Pass East Alignment Road Project and the Metro Manila Subway Project (Phase 1). The Dalton Pass project aims to construct an alternative road bypassing the existing Dalton Pass, while the Metro Manila Subway Project is part of the Marcos administration's infrastructure flagship projects.
March 26, 2024
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