PH, Japan ink $202-M loan for road project

Jun 20, 2019 12:59 am

CLARK, Pampanga: The Philippines and Japan have sealed a $202.04-million Japanese yen loan agreement for a road network project that aims to revitalize the local economy of and reduce poverty in Mindanao’s conflict-affected areas.

From left) Socioeconomic Planning Secretary Ernesto Pernia, Finance Secretary Carlos Dominguez 3rd and Hiroto Izumi, special adviser to Japanese Prime Minister Shinzo Abe, pose for photos after signing a $202.04-million Japanese yen loan agreement for the Road Network Development Project in Conflict-Affected Areas in Mindanao in Clark, Pampanga province, on Tuesday night. PHOTO BY JOHN ORVEN VERDOTE

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