The Japan International Cooperation Agency (JICA) signed a Yen Loan Agreement (L/A) with the Government of the Republic of the Philippines on May 26 in Manila for the “Metropolitan Area Railway Line 3 Rehabilitation Project (Phase II)” up to 17,399.9 million yen.
This project will improve the safety and comfort of the Metropolitan Manila Railway Line 3, which has experienced a series of operational interruptions and other problems, thereby promoting the use of the line and contributing to alleviating the severe traffic congestion in the metropolitan area. (Create a sustainable city where people can continue to live) and Goal 13 (Take concrete measures against climate change) of the Sustainable Development Goals (SDGs).
Japanese technology utilization conditions (STEP) (see note) will be applied to the yen loan for this project, and Japanese technology will be utilized in the maintenance and management of the railroad system, including rolling stock, track and signaling systems.
Details of the project are as follows
Amount and terms of loan
© Source JICA