Japan to provide US$2.4b loan for new Philippine railway
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
