Tokyo extends $2.3-B loan for Manila's first subway

By Bernadette E. Tamayo

Jul 27, 2021 6:11 pm

TOKYO has extended a ¥253-billion, about $2.3 billion, loan through the Japan International Cooperation Agency (JICA) for the construction of Manila's first subway.

The Japanese Embassy in Manila said the subway will be the Philippines' first underground railway system. Its construction began in February 2019 and is funded by the government of Japan.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

'Political noise won't slow down economy'

No need for red alert, AFP chief says

Digital cities to empower countryside – DICT

DOT launches Philippine Dive Experience in Anilao

Bicam starts discussions on P6.352T budget bill

Health workers weigh in on next PGH chief

Go hits PDEA for linking him to POGO, drugs