ADB OKs $1.7-B loan for lakeshore project
The Philippine Star|November 08, 2024
The Asian Development Bank (ADB) has approved a $1.7-billion loan facility to support the construction of the Laguna Lakeshore project connecting Manila and Laguna.
LOUELLA DESIDERIO

In a statement yesterday, the multilateral fender said the approved loan would be used to build a climate-resilient expressway covering 37.5 kílometers aimed at promoting connectivity between Manila and Laguna.

Through the project, peak hour travel time between Taguig City in Metro Manila and Calamba City in Laguna province will be reduced by 25 percent.

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The Philippine Star

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The Philippine Star

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