AIIB approves $350-M first tranche financing for Bataan-Cavite bridge

AIIB News

AIIB approves $350-M first tranche financing for Bataan-Cavite bridge
Bataan-Cavite Interlink Bridge
  • 📰 gmanews
  • ⏱ Reading Time:
  • 25 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.

China-backed Asian Infrastructure Investment Bank has approved its $350-million counterpart loan for the first tranche financing of the $3.91-billion Bataan-Cavite Interlink Bridge project.A project status update posted on AIIB 's website showed that the multilateral lender approved the $350-million funding for the bridge project on May 15, 2024.

5 hours, but would also promote greater ease in doing business by unlocking the potential of Bataan and Cavite in facilitating trade and serving as viable tourist destinations."The approval of the AIIB loan for the Bataan-Cavite Interlink Bridge project signifies a significant step towards realizing our vision of fostering inclusive and sustainable growth within the Greater Manila Area," said Rajat Misra, AIIB acting vice president for Investment Operations.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

gmanews /  🏆 11. in PH

Bataan-Cavite Interlink Bridge

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Scared but staying put: Pag-asa Island residents play crucial role in PH-China rowScared but staying put: Pag-asa Island residents play crucial role in PH-China rowLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Mikael Daez visits Ilocos Norte with Megan Young: 'I have lots of memories here'Mikael Daez visits Ilocos Norte with Megan Young: 'I have lots of memories here'Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Metro Manila Subway eyes 'full operations' by 2029Metro Manila Subway eyes 'full operations' by 2029Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Solenn Heussaff to Nico Bolzico on 8th wedding anniversary: 'You have given me the family of my dreams'Solenn Heussaff to Nico Bolzico on 8th wedding anniversary: 'You have given me the family of my dreams'Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Peso slips to P58:$1 levelPeso slips to P58:$1 levelLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Bren, Echo, Onic strike landmark deals with renowned esports orgsBren, Echo, Onic strike landmark deals with renowned esports orgsLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »



Render Time: 2025-02-26 03:34:21