The Philippine government, through the Department of Finance (DOF), has signed a loan agreement with the Japan International Cooperation Agency (JICA) for the country's North-South Commuter Railway (NSCR) Extension Project. The NSCR Extension Project will also be co-financed by the Asian Development Bank (ADB) to fund civil works. The NSCR Extension Project is part of the 147-km. NSCR System Project which was approved last 15 November 2018 by the Board of the National Economic and Development Authority (NEDA). In addition to the NSCR Extension Project, a loan was also extended for the Pasig-Marikina River Channel Improvement Project (Phase IV) amounting to 37.905 billion Yen. Read more in our articles including "Philippines, JICA sign loan agreement for railway project" and "DOTr’s MRT-3 50% fare discount now accessible via GCash".
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Mar 14, 2026The Philippine government, through the Department of Finance (DOF), has signed a loan agreement with the Japan International Cooperation Agency (JICA) for the country's North-South Commuter Railway (NSCR) Extension Project. The NSCR Extension Project will also be co-financed by the Asian Development Bank (ADB) to fund civil works.
The NSCR Extension Project is part of the 147-km. NSCR System Project which was approved last 15 November 2018 by the Board of the National Economic and Development Authority (NEDA). In addition to the NSCR Extension Project, a loan was also extended for the Pasig-Marikina River Channel Improvement Project (Phase IV) amounting to 37.905 billion Yen.
Our coverage of nscr extension project includes: "Philippines, JICA sign loan agreement for railway project"; "DOTr’s MRT-3 50% fare discount now accessible via GCash"; "Ride-hailing apps cut commissions as fuel prices rise". Each article provides unique insights and information.