State of the Nation
Ferdinand “Bongbong” Marcos Jr. has lofty ambitions for the country.
Ferdinand “Bongbong” Marcos Jr. has lofty ambitions for the country.
Ferdinand “Bongbong” Marcos Jr. wants to renegotiate P275 billion in loans from China’s Eximbank to finance three major railway projects, including the ambitious Mindanao train system.
The first phase of the Mindanao Railway Project covers the first 100-kilometers of the proposed 1,500-km Mindanao Railway project.
The Philippines on Tuesday signed with Japan two loan agreements totaling P75.5 billion, to finance two big “Build, Build, Build” infrastructure projects.
The Congressional Policy and Budget Research Department, in a policy brief titled “Strengthening the ROW Act to Accelerate Infrastructure Growth,” said the government should look for permanent solutions to ROW issues such as disputes over valuation and delays in expropriation cases.