The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Japan to provide US$2.4b loan for new Philippine railway

Published Fri, Aug 12, 2016 · 09:50 PM
Share this article.

Manila

JAPAN on Friday announced that it is pouring a massive US$2.4 billion into a new railway in the Philippines aimed at easing Manila's notorious gridlock.

Japan, the Philippines' top trading partner and source of aid, said the 38 km elevated commuter line would connect Manila to nearby Bulacan province to decongest the capital and help spur economic activity.

KEYWORDS IN THIS ARTICLE

Japan

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here