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Neda greenlights extension of Cebu BRT project loans. (File photo)
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May 19, 2021
THE National Economic and Development Authority (Neda) Investment Coordination Committee has approved the two-year extension of the foreign loans for the Cebu Bus Rapid Transit (BRT) project that the Department of Transportation (DOTr) has asked for.
This was confirmed by Norvin Imbong, officer in charge project manager for Cebu BRT, in a phone interview on Wednesday,
May 19, 2021.
Imbong said they were informed by their counterparts in Manila that the loan from the French government, through the Agence Francaise de Développement (AFD), closed in March this year, has been extended until March 2023, while the loan from the World Bank (WB) set to close this June 2021 has been extended until June 2023. ....

Norvin Imbong , Development Authority Neda Investment Coordination Committee , National Economic , Department Of Transportation Dotr , World Bank , Development Authority , Investment Coordination Committee , Cebu Bus Rapid Transit , Agence Francaise , Special Bids , Cebu South Bus Terminal , Cebu City , Green Lights , வளர்ச்சி அதிகாரம் நேட முதலீடு ஒருங்கிணைப்பு குழு , தேசிய பொருளாதார , உலகம் வங்கி , வளர்ச்சி அதிகாரம் , முதலீடு ஒருங்கிணைப்பு குழு , ஸிபூ பேருந்து விரைவான போக்குவரத்து , சிறப்பு ஏலம் , ஸிபூ தெற்கு பேருந்து முனையத்தில் , ஸிபூ நகரம் , பச்சை விளக்குகள் ,