TUGUEGARAO City has secured a P600-million loan from state-run Development Bank of the Philippines (DBP) to finance infrastructure projects that will stimulate economic activity in the area.

In a statement on Friday, DBP President and Chief Executive Officer Emmanuel Herbosa said the bank is lending P400 million for the reconstruction of the Don Domingo public market and another P200 million for the repair of various roads in the city.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details