infinix x yugatech

Philippines, JICA sign loan agreement for railway project

Listen to article

Ti gobierno ti Pilipinas, babaen ti Department of Finance (DOF), ket nagtignay ti pondo a kasapulanna iti Japan International Cooperation Agency (JICA) para iti North-South Commuter Railway (NSCR) Extension Project.

Pinangruna ni Department of Finance Secretary Carlos Dominguez ken JICA Director General Shigenori Ogawa ti panagkaykaysa ti uneg a paset ti agreement ti paut, nga inusar babaen ni Minister ti Embassy of Japan Atsushi Kuwabara, DOTr Undersecretary for Railways TJ Batan, PNR General Manager Junn Magno ken dagiti sabali a opisial gobierno.

Sakbay ni DOTr

Agid iti a kasapulan, ti pondo a 167.199 billion Yen manipud iti Japanese Official Development Assistance (ODA) loan ket mangipadur-as kadagiti serbisio a konsultante, rolling stocks, ken electro-mechanical nga parte ti proyekto. Ti NSCR Extension Project ket agtutulong pay babaen ti Asian Development Bank (ADB) para iti pannakapundar kadagiti civil works.

Ti NSCR Extension Project ket parte ti 147-km. a NSCR System Project a naaprobar idi 15 Nobiembre 2018 babaen ti Board ti National Economic and Development Authority (NEDA). Daytoy ket mangintegrar iti PNR Clark Phase 1 manipud iti Tutuban agingga iti Malolos, ti PNR Clark Phase 2 manipud iti Malolos agingga iti Clark International Airport, ken ti PNR Calamba manipud iti Solis agingga iti Calamba.

Itaeng ti NSCR Extension Project, adda pay laeng a pinautang para iti Pasig-Marikina River Channel Improvement Project (Phase IV) a 37.905 billion Yen. Ti layus ti proyekto ket mangpababa iti damage ti bantay iti core ti Metro Manila babaen ti implementasion ti river channel improvement works ken konstruksyon ti control gate ken dagiti sabali a estruktura iti Pasig-Marikina River, kasla pay kadagiti non-structural measures.

manipud: JICA, DOTrPH

Frequently Asked Questions

What is the purpose of the loan agreement signed between the Philippines and JICA?
The loan agreement finances the North-South Commuter Railway Extension Project's consulting services, rolling stocks, and electro-mechanical portions.
How much is the Japanese ODA loan for the NSCR Extension Project?
The Japanese ODA loan amounts to 167.199 billion Yen.
Which other organization is co-financing the NSCR Extension Project?
The Asian Development Bank (ADB) is co-financing the project to fund civil works.
React to this article:
Written by
Diangson Louie

This article was written by Louie Diangson, Managing Editor of YugaTech. You can follow him at @John_Louie.

View all posts by Diangson Louie →

0 Comments

Leave a Reply

Loading next article...