Smart Manufacturing Week 2026

JAPANESE LOAN FOR PHILIPPINES LRT

AI Summary

The Japan International Cooperation Agency (JICA) is to lend $US436.24 million for developing and extending light rail Lines 1 and 2.

 

The 40-year loan will have a grace period of 10 years. It is subject to a 0.2% rate per year for non-consulting services, 0.01% annual interest for consulting services and a 0.1% per annum rate for the commitment fee.

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