News
11 February 2022

Metro Manila Subway gets JICA ODA loan

In:
Transport
Region:
Asia-Pacific

Japan International Cooperation Agency (JICA) has signed a JPY253,307 million ($3.01 billion) 40-year ODA loan to the government of the Philippines for the Metro Manila Subway Project (Phase 1) (II). The tied debt comes with a 13 year grace period and is priced at 10bp.The project will construct the...

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