Japan to provide additional P2B loan for New Bohol Airport | ABS-CBN
ADVERTISEMENT
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
Japan to provide additional P2B loan for New Bohol Airport
Japan to provide additional P2B loan for New Bohol Airport
ABS-CBN News
Published Oct 08, 2018 04:40 PM PHT
MANILA - Japan will provide a supplemental 4.376 billion yen (P2.09 billion) loan for the expansion of the the New Bohol Airport, the Department of Finance said Monday.
MANILA - Japan will provide a supplemental 4.376 billion yen (P2.09 billion) loan for the expansion of the the New Bohol Airport, the Department of Finance said Monday.
The loan from the Japan International Cooperation Agency will cover the second phase of the project, which calls for the expansion of the airport's runway and passenger terminal building, the DOF said in a statement.
The loan from the Japan International Cooperation Agency will cover the second phase of the project, which calls for the expansion of the airport's runway and passenger terminal building, the DOF said in a statement.
Finance Secretary Carlos Dominguez III and JICA Chief Representative Yoshio Wada signed the loan agreement on Monday, the DOF said.
Finance Secretary Carlos Dominguez III and JICA Chief Representative Yoshio Wada signed the loan agreement on Monday, the DOF said.
JICA earlier provided around P5.18 billion for the first phase of the project, which is also known as the Bohol Panglao International Airport.
JICA earlier provided around P5.18 billion for the first phase of the project, which is also known as the Bohol Panglao International Airport.
ADVERTISEMENT
The new airport, which was approved in 2012, will replace the old airport in Tagbilaran City.
The new airport, which was approved in 2012, will replace the old airport in Tagbilaran City.
ADVERTISEMENT
ADVERTISEMENT
