Philippines signs $1.3 billion ADB-backed loan for rail project

In:

Infrastructure, Transport

Region:

Asia-Pacific

Philippines Finance Secretary Carlos Dominguez III and Asian Development Bank (ADB) Vice-President Ahmed Saeed today signed a $1.3 billion loan, the first tranche of a total $2.75 billion facility, for the Malolos–Clark railway project in a ceremony witnessed by Philippine PresidentnRodrigo...

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