PH secures P93-B JICA loan for infra

By Bernadette E. Tamayo

Mar 27, 2024 12:15 am

(UPDATE) THE Philippines has secured a 250-billion-yen (roughly P93 billion) loan package from Japan for a road enhancement project in Luzon and implementation of Phase 1 of the Metro Manila Subway Project aimed to ease traffic in the metropolis.

The Japan International Cooperation Agency (JICA) office in Manila said the funding would contribute to reducing traffic congestion in Metro Manila and enhancing connectivity with the North and Central Luzon regions by utilizing Japanese technology.

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