Philippines, Japan sign $1.54-billion loan deal on North-South Railway

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MANILA, Philippines – The governments of Philippines and Japan signed an P80.47-billion ($1.54-billion) loan agreement on the 109-kilometer  North-South Commuter Railway (NSCR)  extension project, the biggest project so far under the infrastructure program "Build, Build, Build."

On Monday, January 21, Finance Secretary Carlos Dominguez III and Japan International Cooperation Agency (JICA) Director General Shigenori Ogawa ... via PK