PH, Japan sign P75.5-B loans for infra projects

Jun 17, 2020 1:30 am

The Philippines secured from the Japanese government on Tuesday P75.5 billion worth of loans that would fund two big-ticket infrastructure projects in the Visayas and Mindanao aimed at enhancing the mobility of people and goods there.

Finance Secretary Carlos Dominguez 3rd (left) and Japan International Cooperation Agency Chief Representative Eigo Azukizawa signed on behalf of their respective governments the agreements on P75.5 billion worth of loans for major infrastructure projects in Cebu province and Davao City. PHOTO FROM THE DEPARTMENT OF FINANCE

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