Manila, Jan. 18 -- The Philippine government has secured an official development assistance (ODA) loan from the Republic of Korea, through the Export-Import Bank of Korea (KEXIM), for the Laguna Lakeshore Road Network (LLRN) Project Phase 1 Stage 1, the Department of Public Works and Highways (DPWH) reported on Saturday.
The loan, valued at USD905.26 million, will support civil works implementation by the DPWH of the flagship project under the Build Better More program of President Ferdinand R. Marcos Jr.
Civil works for the LLRN Project are set to begin this year, with completion anticipated by 2029.
The project is expected to significantly enhance economic productivity and foster positive change in the Calabarzon Region and the broa...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.