ANNOUNCEMENT 22 Jan 2019
On January 22nd, 2019, the Japan International Cooperation Agency (JICA) signed a 250 billion yen ODA loan with the Republic of the Philippines.
NUMBER OF INTERVENTIONS
JICA (2019) フィリピン向け円借款貸付契約の調印：日本の技術を活用し、マニラ首都圏の交通渋滞の緩和、洪水被害の軽減に貢献 JBIC Signs ODA Loan Loan Agreement with the Philippines: Contributing to Alleviation of Traffic Jam and Metropolitan Flood Damage in Metro Manila Using Japanese Technology
On January 22nd, 2019, the Japan International Cooperation Agency (JICA) signed a 250 billion yen ODA loan with the Republic of the Philippines for the financing of Japanese consulting services, civil engineering, as well as the procurement of Japanese lightweight vehicles and railways. Additionally, Japan will finance the purchase of steel sheets, H type steel, water jet cutters and vibrohammers for the Pasig Marikina River Rehabilitation Project.
Special Terms for Economic Partnership (STEP)
A stipulation in JICA ODA loan agreements is the utilization of advanced Japanese technologies and the employment of Japanese firms in overseas projects.