Jica, Neda-Davao set to start formulation of Metro Davao
Jica, Neda-Davao set to start formulation of Metro Davao
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Jica, Neda-Davao set to start formulation of Metro Davao
Less than two weeks before it steps down, the Duterte administration’s Build, Build, Build program secured a new loan from China for the construction of a bridge connecting Davao City and Samal island in Mindanao, the Department of Finance (DOF) announced on Tuesday.
The Government of the People’s Republic of China will finance the construction of a P19.32 billion two-way, four-lane bridge connecting Davao City and the Island Garden City of Samal in Mindanao, the Department of Finance (DOF) announced. In a statement on Tuesday, June 14, the DOF said the Philipp
China’s loan commitments to the Philippines have reached $1.1 billion, or close to P59 billion, after the Duterte administration received its first-ever financing in Chinese renminbi.