Philippines gets infrastructure finance boost from Japan, ADB

The Philippines has just received a major infrastructure boost: Japan has pledged to disburse $2 billion in loans for a major railway project, while the Asian Development Bank has made $3 billion available for sovereign lending over the next three years.

About the author

  • Lean Alfred Santos

    Lean Alfred Santos is a former Devex development reporter focusing on the development community in Asia-Pacific, including major players such as the Asian Development Bank and the Asian Infrastructure Investment Bank. He previously covered Philippine and international business and economic news, sports and politics.