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Korea asked to fund infrastructure projects

THE Department of Transportation (DoTr) has urged the Korean government to fund more road transport infrastructure projects in the Philippines.

The agency and the state-owned Export-Import Bank of Korea (Kexim) recently held a coordination meeting to discuss and assess projects funded by the latter such as the new Dumaguete Airport Development Project, the Philippine Coast Guard's Maritime Safety Enhancement Project, New Cebu International Container Port Project and the Light Rail Transit Line 2 (LRT 2) Cogeo Extension in Rizal.