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23/11/2021
The government of the Republic of Korea is ready to extend financial support in the conduct of engineering services for the much-awaited inter-island bridges project of the Department of Public Works and Highways (DPWH) in Western Visayas.
DPWH Undersecretary for Unified Management Office Operations (UPMO) Emil K. Sadain said that the Koreans have committed an official development assistance (ODA) loan to the Philippines through the KEXIM Bank - Economic Development Cooperation Fund (EDCF) to finance the detailed engineering design (DED) of this immense flagship bridge project.
The loan will be formalized with the signing ceremony scheduled in December 2021.
Read more: https://www.dpwh.gov.ph/dpwh/news/24529
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