DOTr, ADB discuss more funding to build roads, railways, other infra projects

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The Department of Transportation said Friday it is seeking additional funds from the Asian Development Bank to support more transport infrastructure projects in the Philippines.

Data show there are nine agreements between the DOTr and ADB, which will fund transport infrastructure projects from aviation, railways and road sectors. The total agreements amount to P1.2 trillion. Meanwhile, the ADB has a total of 17 upcoming and ongoing contract packages with at least P187 billion in cost estimate.

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MlaStandard /  🏆 20. in PH

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