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05-01-2025, 10:52 AM
Online documents reviewed by the Manila Bulletin revealed that the Marcos administration will borrow a total of $6.35 billion (approximately P369.66 billion) from the Asian Development Bank (ADB) and World Bank this year to fund its projects.
Key ADB projects include the $1-billion-worth Manila Metro Rail Transit Line 4 (MRT4) project which will introduce a 13.4-kilometer elevated railway to ease Metro Manila’s eastern traffic, cutting Taytay-Ortigas travel to under 30 minutes while promoting sustainable urban growth.
Others projects are National Total Electrification Support Program, Geothermal Resource De-Risking Facility, Energy Efficiency in Public Buildings Program, Mindanao Agro-Enterprise Development Project, Reducing Food Insecurity and Undernutrition with Electronic Vouchers (REFUEL) Project, Mindanao Irrigation Development Project Phase I, and Baguio Resilient City Tourism Project.
https://mb.com.ph/2025/1/3/ph-to-receive...world-bank
Key ADB projects include the $1-billion-worth Manila Metro Rail Transit Line 4 (MRT4) project which will introduce a 13.4-kilometer elevated railway to ease Metro Manila’s eastern traffic, cutting Taytay-Ortigas travel to under 30 minutes while promoting sustainable urban growth.
Others projects are National Total Electrification Support Program, Geothermal Resource De-Risking Facility, Energy Efficiency in Public Buildings Program, Mindanao Agro-Enterprise Development Project, Reducing Food Insecurity and Undernutrition with Electronic Vouchers (REFUEL) Project, Mindanao Irrigation Development Project Phase I, and Baguio Resilient City Tourism Project.
https://mb.com.ph/2025/1/3/ph-to-receive...world-bank
