The Philippines received the second-biggest amount of loans and grants from the Manila-based Asian Development Bank (ADB) and its co-financing partners last year, mainly to bankroll big-ticket infrastructure projects. The ADB's Annual Report 2024, published on Thursday, April 24, showed that...
Locals of Laguna could enjoy additional protection from floods as the Philippines has already secured financing totaling $905.26 million (about P50.67 billion) from a Korean bank. During the World Economic Forum (WEF) in Davos-Klosters, Switzerland, Department of Finance (DOF) Secretary Ralph G....
The Philippines will repay to the Asian Development Bank (ADB) the initial loan it secured for the Laguna Lakeshore Road Network (LLRN) until 2052, or 24 years after the project is expected to be passable. Documents showed that Finance Secretary Ralph G. Recto, on behalf of the Philippine...
Manila-based Asian Development Bank (ADB) has approved nearly P100 billion ($1.7 billion) to fund a 37.5-kilometer climate-resilient expressway in the Philippines that aims to boost regional connectivity and economic competitiveness. The ADB will support the Laguna Lakeshore Road Network Project...
The Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and Export Import Bank of Korea (KEXIM) vowed to support the Laguna Lakeshore Road Network (LLRN) project. The ADB has committed $1.2 billion as the initial tranche of funding, while the AIIB is contributing $188...
The National Economic and Development Authority (NEDA) Board, chaired by President Marcos has approved key changes to the Laguna Lakeshore Road Network (LLRN) Project and other modifications to major infrastructure projects. Laguna Lakeshore Road Network Project (File photo) In its 19th meeting in...
By XANDER DAVE CEBALLOS The government will add roads and interchanges to the Laguna Lakeshore Road Network (LLRN), an expressway that connects lower Bicutan and Parañaque to Calamba, Laguna. The National Economic and Development Authority (NEDA) Board, led by President Ferdinand R. Marcos, Jr.,...
President Marcos cited the Laguna Lakeshore Road Network (LLRN) project, a planned expressway from lower Bicutan, Parañaque to Calamba, Laguna, for the benefits it will soon bring every Filipino. President Ferdinand ‘Bongbong’ Marcos Jr. presides over the 19th National Economic...
The Muntinlupa City Council passed a resolution interposing no objection to the Laguna Lakeshore Road Network (LLRN) Project that “will provide a road corridor to facilitate traffic flow from Metro Manila to the province of Laguna in Region IV.” Councilor Raul Corro, majority floor leader, said...
The proposed project of the Department of Public Works and Highways (DPWH) for the construction of the Laguna Lakeshore Road Network (LLRN) is set to begin next month with the detailed engineering design (D.E.D.), the government agency has announced. DPWH Acting Secretary Roger G. Mercado,...
Taking a ride around Siargao Island would soon become an attraction in itself once the 11.85-kilometer (km) road network there, which includes the scenic Catangnan-Cabitoonan Bridge, gets finished this November, Department of Public Works and Highways (DPWH) Secretary Mark Villar said. GREAT...
