The Asian Development Bank (ADB) on Thursday announced it has approved up to $4.3 billion in financing for the southern leg of the North-South Commuter Railway (NSCR) project connecting Metro Manila and Calamba, Laguna.
The South Commuter Railway will offer commuters fast public transport, help to ease road traffic congestion, and contribute to a reduction in greenhouse gas emissions in line with the Philippines’ climate change agenda.
The Asian Development Bank (ADB) has approved up to $4.3 billion loan to help finance the construction of nearly 55 kilometers of modern suburban railway line connecting Metro Manila with the city of Calamba in Laguna. In a statement, the Manila-based multilateral institution said on Thursday, J
MANILA The Asian Development Bank (ADB) has approved a $250 million policy-based loan to support the Philippines in its climate change adaptation and mitigation efforts.The Climate Change Action Program will help the Philippines deliver its nationa