PHILIPPINES YOSHIHISA ARA AND PHILIPPINE AMBASSADOR

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                    [ArticleID] => 134219
                    [Title] => Japan to finance P17.84-B Subic-Clark-Tarlac toll
                    [Summary] => Japan has officially agreed to extend a loan of 41.93 billion yen (approximately P17.84 billion) to the Subic-Clark-Tarlac toll road project.


A new highway will be constructed between Subic and Tarlac, via  Clark. The toll road will better connect Subic’s seaport, Clark’s airport, and Tarlac’s industrial parks, thereby accelerating the development of Central Luzon. In addition, by making Central Luzon more attractive to communities, this project can help decongest Metro Manila, a goal President Arroyo stressed in her recent  State of the Nation Address.


                    [DatePublished] => 2001-09-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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Japan to finance P17.84-B Subic-Clark-Tarlac toll

September 19, 2001 - 12:00am

Japan has officially agreed to extend a loan of 41.93 billion yen (approximately P17.84 billion) to the Subic-Clark-Tarlac toll road project. A new highway will be constructed between Subic and Tarlac, via Clark....

Business