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MANILA, Philippines --- The Philippine and Chinese governments will sign the loan agreement covering project management consultancy for the railway project that will run between Manila and Bicol during President Rodrigo Duterte's visit to China latePH, China to sign management consultancy loan for Manila-Bicol railway
MANILA, Philippines --- The Philippine and Chinese governments will sign the loan agreement covering project management consultancy for the railway project that will run between Manila and Bicol during President Rodrigo Duterte's visit to China later this month, the Department of Finance (DOF) said. As for the initial phase of the Mindanao Railway Project in Davao Region, Socioeconomic Planning Secretary Ernesto M. Pernia said last week that «it's scheduled for [financing by] China, as of now.» The National Economic and Development Authority-Investment Coordination Committee-Cabinet Committee (Neda ICC-CabCom) last month approved to more than double the project cost o...Keep on reading: PH, China to sign management consultancy loan for Manila-Bicol railway Read more