The Japanese government has expressed its intent to provide about ¥42.47 billion (P20.6 billion) worth of funding support for two of the Duterte administration’s infrastructure projects, the Department of Finance (DOF) said over the weekend.
In a statement, Finance Secretary Carlos Dominguez said Tokyo has committed an indicative loan amount of ¥38.1 billion for the Manila Metro Rail Transit (MRT) Line 3 Rehabilitation Project and another supplemental loan amounting to ¥4.37 billion for the second phase of the New Bohol Airport Construction and Sustainable Environmental Protection Project.
In a statement, Finance Secretary Carlos Dominguez said Tokyo has committed an indicative loan amount of ¥38.1 billion for the Manila Metro Rail Transit (MRT) Line 3 Rehabilitation Project and another supplemental loan amounting to ¥4.37 billion for the second phase of the New Bohol Airport Construction and Sustainable Environmental Protection Project.
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