Metro Manila sub­way agree­ment signed

Tempo - - News - Geducos) (Argyll Cyrus B.

The Philip­pines and Ja­pan have ex­changed notes on ma­jor lo­cal in­fra­struc­ture projects and an eco­nomic and so­cial de­vel­op­ment pro­gram dur­ing the As­so­ci­a­tion of South­east Asian Na­tions Sum­mit in Pasay City.

Pres­i­dent Duterte and Ja­panese Prime Min­is­ter Shinzo Abe reaf­firmed the close ties be­tween the two coun­tries dur­ing their bi­lat­eral meet­ing at the Philippine In­ter­na­tional Con­ven­tion Cen­ter in Pasay Mon­day.

Among the ex­change of notes wit­nessed by the two world lead­ers were the Metro Manila sub­way project by For­eign Af­fairs Sec­re­tary Alan Peter S. Cayetano and new Ja­panese Am­bas­sador to the Philip­pines Koji Haneda, the Ar­te­rial Road By­pass Project Phase 3, and an eco­nomic and so­cial de­vel­op­ment pro­gram.

The eco­nomic and so­cial de­vel­op­ment grant in­cludes the pro­vi­sion of equip­ment for the Depart­ment of Pub­lic Works and High­ways for the re­ha­bil­i­ta­tion of Marawi City and coast watch radars to in­crease the Philippine anti-ter­ror­ism ca­pa­bil­i­ties in west Min­danao for the Philippine Coast Guard.

Fi­nance Sec­re­tary Car­los Dominguez III and Ja­pan In­ter­na­tional Co­op­er­a­tion Agency Chief Rep­re­sen­ta­tive in the Philip­pines Susumu Ito had an ex­change of loan agree­ment on the Cavite In­dus­trial Area Flood Risk Man­age­ment Project.

Depart­ment of Na­tional De­fense Un­der­sec­re­tary for Fi­nance, Am­mu­ni­tions, In­stal­la­tions, and Ma­te­ri­als Ray­mundo Ele­fante and Com­mis­sioner Ac­qui­si­tion Tech­nol­ogy and Lo­gis­tics Agency Yoshiyuki Suzuki signed the Amended Let­ter of Ar­range­ment on the trans­fer of Ja­pan Mar­itime Self-De­fense Force trainer air­craft TC-90s.

Last month, Ja­pan pledged over $1 bil­lion for the in­fra­struc­ture projects in the Philip­pines by ex­chang­ing notes on the pro­vi­sion of a yen loan.

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