The Asian Development Bank (ADB) estimates that it will be extending about $3.5 billion worth of assistance to the Philippines annually between 2024 and 2029. Know more:
THE Asian Development Bank estimates that it will be extending about $3.5 billion worth of assistance to the Philippines annually between 2024 and 2029.
“Our strategy will always have those mainstreaming features, which means that all of our programs and projects need to be taken into account and that of course will be climate adaptation, gender and LGBT equality and private sector led growth,” he added. Some of the projects that have been approved by the ADB include the South commuter railway project which is cofinanced with the Japan International Cooperation Agency .
In terms of projects that may be approved this year, Bird cited financing for the Bataan-Cavite Bridge, which could be the second longest bridge globally.
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